Most importantly, the underlying fundamentals built into the bot are completely transparent, meaning that you can verify the historical track-record of the bot before making a commitment. Moreover, in an eBay-style rating system, you can view the feedback posted by prior users of the strategy. The IF’ part of the equation is the market trigger, and the ‘THEN’ part of the equation is what the automated bot should do when the trigger is activated. The reason for this is that there is often a misconception from newbies that you can simply release the bot into the wild, subsequently resulting in unforeseen profits along the way.

The Adventurer plan also comes with a few professional tools like exchange arbitrage which enable you to take advantage of the price difference of an asset on the exchange. This way, TokenTact makes it very convenient for traders to trade all day long without sticking to their computer screens or analyzing the charts every other minute. Traders also get to save a lot of time and focus on other things while everything runs smoothly and automatically with TokenTact.

In this guide, we will take a look at such a versatile yet efficient trading tool as Grid bot, which solves a lot of problems in regular trading. Moreover, it follows the toughest crypto security policies that are impossible to break. In short, the bot is safe from hackers and other dangerous threats.

In case you are looking for even more innovative ways to trade, TokenTact also offers AI bots that learn on their own and then decide which strategy would work best in your particular case. TokenTact is an online trading platform that offers an automatic trading bot to trade on your behalf. You will customize the bot according to some conditions, and it will act upon those instructions exactly.

Even complete beginners can use this feature based on its easy UI. Moreover, it has a superior coin tracking technology that works 24/7. Users can create their own strategies or purchase one on the TokenTact marketplace. These strategies were created by other experienced TokenTact users. After completing the programming for a Hopper, users can then integrate the Hopper into a supported exchange [12].

Cryptocurrencies have had their ups and downs over the past few years. Still, many believe they’re on their way to being a major long-term investment. If that’s true, investing https://wolfstreetnft.com/tokentact-crypto-bot/ in Cryptocurrencies might be worth considering, especially if you have limited time to research and keep track of the market trends between now and when it happens.

• The platform was created by a Dutch company called TokenTact BV.
• The platform has received positive reviews from satisfied users, further verifying its legitimacy.
• As you’ll see from the above list, the eight supported exchanges represent the vast majority of cryptocurrency trading volumes.
• It now hosts over 9 million transactions worth roughly $2 billion every month.
• How those orders execute depends on your configured market making strategy.

TokenTact is a bitcoin trading bot that automatically buys and sells cryptocurrencies on your behalf. There are many trading options available for traders in the marketplace. However, the TokenTact is a bot that focuses on beginners in cryptocurrency investing. It also comprises Hopper Academy, which is easily accessible for all the members, and they can easily access the video library that contains all the tutorials for explaining the service. According to our research, the Bitcoin Loophole software is exceptionally fast, moving 0.01 seconds ahead of the market, giving traders a competitive advantage and a high transaction success rate. To start trading automatically, the trader must first configure the trade settings before selecting the auto-trade option.

On the other hand, when it comes to TokenTact, it is a cloud-based solution for trading bots. For using this platform festival, you have to connect your exchange API key and use it. The best part is that it is supported by Binance and Con base Pro which are the most used platforms for cryptocurrency trading and investment options worldwide. TokenTact was created back in September 2017 by Ruud Feltkamp. An online trading bot enables all traders to leverage different trading opportunities to execute trades available in the cryptocurrency market.

Automated trading systems, commonly known as crypto trading bots, have become popular tools for traders in the digital asset space. These bots allow traders to automate their trading strategies and execute trades more efficiently. Similar to the automation seen during the Industrial Revolution, crypto trading bots aim to remove human intervention and leverage technology to maximize trade execution. TokenTact is reasonably rated by its existing customers, with a 4/5 star rating based on 237 reviews on TrustPilot at the time of writing. On our use of the platform, we found it will be highly suitable for experienced traders only that are comfortable with developing, testing, and configuring automatic trading bots. For newer traders, TokenTact’s copy-trading feature is worthwhile to generate potential passive income, however, there are viable alternatives to consider such as eToro.

At the other end of the spectrum, Bitcoin trading bots are also ideal for inexperienced newbies. Firstly, novice traders that wish to utilize an automated bot can purchase a pre-programmed strategy, meaning that no experience is required to put the bot into action. If you’re looking for a hands-off way to buy and sell crypto, then TokenTact may be a good option – as long as you’re not expecting enormous profits with no risk and no effort. TokenTact is a web-based solution and provides an easy-to-use interface for the users and strategy designers.

With the Adventurer plan, you can access 200 positions and up to 50 selected plans for $49/month. Finally, there is the Hero plan for pro traders that costs $99/month. You get 500 positions and up to 75 selected coins with this plan. The auto trading bots on TokenTact use algorithms to analyze market data and make trades based on pre-set rules.