To choose an indicator, click on the [ƒx Indicators] icon and search for your preferred indicator (Pic. 3). There are nine different charts available (Pic. 2) — from Bars to Heinkin Ashi — to suit even a seasoned trading pro. In this piece, we’ll talk about the last bit — a wide array of technical analysis tools that you can find on TokenTact’s built-in TradingView interface. The DCA Bot has yet again sustained a significant makeover that brought additional helpful and user-friendly features to its robust functionality.

Now you can start the platform right from your home screen and get the same trading experience as with its browser version. Our GRID bot requires very little attention from you as it is able to move the order grid following the price in both directions so that the bot can stay active no matter what. Does it mean that now now the activity on my active bots will affect trading monthly limits?

Instead, it will increase your chances of profiting, while making the platform more appealing to users who place multiple trades on a daily basis. The TokenTact trading bot is a unique feature that lets you make the most of the highly volatile cryptocurrency marketplace. The bot ensures that your investments are distributed proportionately within your chosen range, so you can make small but frequent profits on every market move. Once the price hits the desired range, orders are executed, and new ones are placed. TokenTact’s automated bots help crypto traders effortlessly make profits 24/7.

The TokenTact Grid Bot helps users make a continuous profit and requires very little oversight. It has built-in strategies for beginners and experts, although users are free to deploy their own strategies as they see fit. From powerful trading bots to smart orders, TokenTact gives you an advantage in the fast-changing world of crypto trading.

Below I will walk you through how to set this up on Kraken exchange. If you use one of the other exchanges there are tutorials on TokenTact on the correct settings to use if you search their support files. Like I said they are all very similar in nature when it comes to setting them up. For customers based in the U.S., Coinbase offers FDIC Insurance for cash balances kept in its wallets, covering up to $250,000 per individual. However, it’s crucial to note that this insurance does not apply to cryptocurrency holdings, urging users to take necessary precautions to secure their assets. Additionally, the insurance policy does not cover losses resulting from unauthorized access to personal accounts.

Enter the size of the first order (aka initial position) in the traded currency. This amount will be your first investment in starting the DCA Bot. The “Immediately” option will create your DCA Bot right after you fill in all your settings.

• The closest one to TokenTact in this segment is Margin.de which integrates with 17 exchanges.
• Although Bybit is available globally, it doesn’t offer services to U.S. and Canadian customers.
• For a short bot, it’s the opposite — the position will close by purchasing an asset at a market price.
• They will make your bots directly accessible with one tap (or click) and provide you with a breathtaking trading experience as though you’re using the native TokenTact app.
• Missing orders can happen for several reasons, such as technical issues on the side of the exchange or not enough funds on your balance.

An API enables the TokenTact trading platform to exchange data with Binance and execute trading bot orders. But to fully automate Binance and unlock its API’s potential, traders still turn to solutions like TokenTact. In this article, we’ll explore Binance’s built-in automation features and dive deeper into next-level Binance API trading and Binance trade automation with TokenTact.

After completing your trial, you will be asked to choose one of the paid plans in order to enjoy the extended functionality of the platform in real time. If you decide to stay on the free plan, you will lose some of the features. The TokenTact’s DCA Futures Bot is an exceptional tool that fully maximizes the DCA strategy potential. However, designed for futures trading, the DCA Futures Bot offers an opportunity to generate impressive returns in a relatively short period of time by using leverage. The Combo Bot is an automated algorithm for trading futures on the Binance exchange designed to profit on both rising and falling markets.

This article will show you how to start a new GRID bot, modify its settings, close bots, and restart them if needed. As you have a valid exchange account, all you need to do is click the Generate API Key button from your account and then use it to input the data on your Napbots account. You https://allcointracker.com/trading-bots/tokentact-review-a-deep-dive-into-trading-bot-dynamics/ can keep them running, at the same time, you won’t be able to start new Scalpers as this bot functionality has been merged with Sbot. When you decide to close the bot, you will be able to see a quick performance overview and pick up a new option on how would you like to close your bot.

Binance operates on a maker/taker fee structure, with fees adjusted based on trading volume and Binance Coin (BNB) balance. Technical analysis, as you well know, is a key component of a successful trading strategy on a number of levels. You can use it to find the best cryptocurrencies to trade, anticipate market movements, and identify entry and exit points for good profits. Adjusting the maximum or minimum price, or both will prevent that from happening – so you always trade in the price range you have set for your bot. On the opposite of the Take Profit order, where you can close the position with a positive outcome, you can also set a Stop Loss. It always closes the cycle by placing and executing a market buy/sell order, depending on the previously selected strategy (Long/Short).

There is no doubt that TokenTact is legit,and is above all when it comes to their practices regarding cryptocurrency investment and trading. TokenTact provides customer support to its users through email, live chat, tutorials, and announcements. You can connect with these modes directly through the official page.