Home Crypto Bot TokenTact Alternatives To Trade Crypto In 2024

TokenTact Alternatives To Trade Crypto In 2024

TokenTact is more than a bot — it’s a smart assistant, helping you to build a trading bot in the blink of an eye. The platform’s approach stands it out among similar software providers, as its logic embraces the needs of all traders, rather than a small focus group. Murdex makes trading super simple and easy to use, thanks to their Binance bot. Even though you can register with this Binance bot whether you are a long-term investor or a trader, the platform focuses on longer time frames and provides more benefits for investors as a result.

Well, with the correct setup and low-risk strategies, you can employ the bot to chip off small pieces of market gains for you and grow your stash of the crypto day by day. They’ve got four different game plans with a wide range of price ranges to choose from, and yes, there’s even a freebie option, sort of like a sneak peek into the crypto world of automation. I’ve been using this service on and off for about three years, hoping it would get better, but I’ve always ended up disappointed.

This bot uses a time-based dollar cost average strategy to purchase crypto on behalf of a user at pre-determined timed intervals. This bot is suitable for options traders and is highly customizable, suitable for options traders with simple or complex requirements. Traders can select a price where they want the bot to open trades, then it will continuously monitor the price and open and close trades depending on the selected trading price range.

There was a time that this company could be trusted and folks were making money. I stuck with them during the API key debacle (which is frankly unforgivable) and decided to give them a 2nd chance. After a week on the Advanced level, because of that hassle, they offered to give me 1 month of PRO service – and provided a promo code which I applied. When that month of Pro service expired, my account was reset to the Free tier with a small balance remaining on my account rather than the Advanced tier with 11 months remaining. Finally, an agent tells me that they are unable to correct this because payments are handled through a 3rd party and they don’t have permission from management to fix these mistakes.

  • Set a target profit to help your bot identify and decide when to sell trades according to percentages.
  • Lastly, their bread & butter is backtesting of historical data, so it isn’t like you are trading using a noob’s tool.
  • Instead of having to watch the crypto markets, and look for entry and exit opportunities, crypto trading bots do most of the work.
  • This article explains why trading automatization matters in crypto, describes multiple bots, compares them, explains which criteria are the most important when opting for a bot, and so much more.
  • The primary difference in the tiers is the access to type and quantity of trading bots.

TokenTact also enables veteran traders to create customized signals. Automated trading offers traders more opportunities to seize their gains. With the automated TokenTact trading bots, there is no fear of manual trading, which is nearly impossible in a market like crypto, where monitoring is required 24×7. Simply set up the TokenTact bots to operate under any contingency and sit back to let the bots do their job.

To better understand how you can use the grid bot in your strategy, let’s illustrate it with a practical example. The TokenTact dashboard will show you how your trades are performing with real time statistics. This can help you to know when the best time is to optimize and when to let them run.

Navigate to the subscription page using the link on the left navigation bar. Tap or click on [Subscription], then choose the package preferable to you. Once you have copied the two pieces of information, click on the [Connect] https://privatobank.com/tokentact-bot-review/ button. API permissions can be edited from your specific exchange’s API management page. Next, copy the API Key provided and its secret key, then paste them into the TokenTact link exchange page as shown here.

TokenTact is a crypto trading platform that offers novices and experts tools to become a profitable crypto trader. Its range of educational resources, dashboard to track your different exchanges and library of bots and algorithms can give you a major edge. However, due to the poor security track record, we would consider taking a look at our Top 5 Crypto Trading Bots article to find an alternative. TokenTact offers a large number of automated trading tools, bots, and advanced settings for manual traders. The team behind the project set out with the aim of creating tools that help traders minimize their risks while maximizing their profits. For more than five years, TokenTact has been iterating and improving its core proposition, making it one of the leading automated cryptocurrency trading services in the market.

TokenTact review

It should be enough for you to make a wise decision about the robot. Amy Griffin enjoys writing about social media, other marketing strategies, and finance. Some of her best-known work includes educational content related to finance and economics. Gunjan is a freelance writer and actively focusing on writing content related to blockchain technology and cryptocurrencies.

They also have a custom, enterprise plan that requires direct contact with the team to arrange it. This AI bot adjusts itself to market conditions and with a proper set up can be super-efficient in raking up the profits for you. Well, it’s a platform that helps you trade cryptocurrencies smarter and maybe even sleep a little better at night.

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