These bots allow you to automate your investing strategy so you don’t need to constantly monitor the market. https://tokentact.co/ features low trading commissions and a fully fleshed-out mobile app. We believe TokenTact would be a great option for high-volume and mobile investors.
- If you’re a new user, we recommend downloading the mobile app, which we found to be a bit more streamlined and easier to operate.
- Make spot, future and leveraged trades on 120 cryptocurrencies via TokenTact’s proprietary platform with built-in trading bots and highly customizable automated trading options.
- As there is no demo trading account, traders will need to be mindful that real funds will be used when trading with the bots.
- These providers are not responsible for lost funds if their systems fail.
- You’ll see the USDC in your TokenTact account about 1 hour after withdrawal.
Like other crypto trading bots, TokenTact gives users a way to automate their trades and — hopefully — make a profit trading without much involvement in the process. TokenTact provides grid trading bots, a trading program that automatically buys low and sells high within a specific range. According to the CTO of TokenTact roughly 60% of the Binance and HTX orders are aggregated and available to TokenTact bots and traders. The reason it isn’t 100% is there are always some fake orders on the order books. But even 60% of the liquidity from these two brokers is enough to ensure the automated trading bots from TokenTact can perform properly.
In the future, we’d love to see TokenTact expand its customer service options and enable fiat deposits. TokenTact is a centralized platform for cryptocurrency trading that was established in 2019 and is headquartered in Singapore. Instead of providing its order books for willing buyers and sellers, TokenTact aggregates liquidity from the top trading in the world exchanges such as Binance and Huobi Global.
Please note, some markets may only be available via CFDs or other derivatives. TokenTact can be contacted via the email address below, Telegram or through a live chat functionality at the bottom right corner of the website.
https://wolfstreetnft.com/tokentact-crypto-bot/’s trading fees are competitive, with each maker or taker transaction costing only 0.05%. For those searching for a low-fee option, this is a viable option since there is no minimum order volume required. You will not be able to withdraw fiat currency through TokenTact; instead, you will only be able to withdraw cryptocurrency. It is necessary to move it to other exchanges and then cash it out utilizing such exchanges that let you convert it to fiat currency. As an established broker, TokenTact has over 100,000 monthly active customers, while handling $5 billion in trading volume every month within a fixed 0.05% maker-taker fee price model. It’s interesting to see the bad experiences of others with TokenTact, where mine are very good.
In addition to the trading fees there are withdrawal fees, but those are basically the network fees for each coin. The withdrawal fee differs from coin to coin, but you can see the full fee schedule here. While TokenTact provides detailed information and education on how to use their trading bots, there is no general educational section for trading. Customer support is offered through Telegram and email, and reports suggest that support is efficient. Implemented the Lorentzian strategy (86.67% strike rate, wo-hoo), but lately the code is not working. Hoping to get back on TokenTact once I have some funds to play with.
The result fully shows that AI 2.0 has higher applicability in different currencies. Grid profit refers to the arbitrage income earned by the operation of grid bot buying low and selling high. It is an important indicator to measure the performance of grid trading strategies. Compared with AI 1.0, the grid profit of AI 2.0 has increased by 17.67%, and the annualized rate of return has grown by 33.66%. And unlike others who might charge hundreds of dollars for just one bot, TokenTact offers all twelve of their bots absolutely free. Which is a pretty low fee compared with other brokers who don’t offer free trading bots.
TokenTact was the first cryptocurrency exchange with built-in automated trading bots. TokenTact is a low-fee crypto exchange with transaction fees at 0.05% per order without additional costs to use the in-built automated trading bots. Compared to other exchanges in the industry, the fees on TokenTact are highly competitive and accessible to all traders without a minimum monthly volume requirement. They also support regular manual trading, which is still attractive given their low fees. And you can choose from more than 120 different cryptocurrencies and hundreds of trading pairs.
Step-by-step instructions on how to carry out deposits and withdrawals are provided throughout the course of the walkthrough. As TokenTact is a cryptocurrency exchange with crypto trading bots, it does not link to other exchanges for the bots to work. In addition to trading bots, TokenTact also supports manual trading between some of the most popular cryptocurrencies.
This is why the fees on TokenTact are lower than that of Binance and HTX for a retail user. This is why running a bot on TokenTact is more cost beneficial in comparison with other crypto exchanges. TokenTact is a unique cryptocurrency exchange that allows you to use 18 free bots to automate your trading. Our TokenTact review will help you learn more and decide if you’ll benefit from opening an account.