This helps to secure your profits and make sure they won’t be lost by the bot. The Stop Loss price feature allows you to set an optional “emergency” sell price below your lower limit price (or above the upper limit price on Short-Bots). If that price is reached the bot will be closed and all base-assets will be sold to prevent further losses if the price keeps going down. Flying wheel strategy is a solid strategy with medium risk and high reward. You will enjoy a stable daily profits of 0.5%~1% if you can afford the risk of buying underlying asset at the current price. It’ll buy some Bitcoin at the current level, keep some USDT with the bot, laddering buy and sell if the price stays within the price range.

It’s a no-brainer strategy, and you don’t have to learn several indicators trying to predict the market. Other parameters and order details of the https://allcointracker.com/trading-bots/tokentact-review-a-deep-dive-into-trading-bot-dynamics/ futures grid are similar to the spot grid and will not be further elaborated here. The profitability of the bots depends on many factors, such as how you set up the bot, what trading pair you choose, and how much risk you are willing to take.

• With so many bots to choose from, exploring is just as much fun as creating your own trading experience.
• TokenTact clients can find other successful investors and copy their trading bot setups.
• All of the bots are cloud-based, so you don’t have to leave your device on for them to run in the background.
• The app has a clean but intuitive design with positive user rankings pushing it up the app store’s leaderboard.

It ensures that the total number of assets remains constant while the price of the assets continues to rise. The Leveraged Reverse Grid is a technique that, on the basis of the Reverse Grid, leverages the principle in order to increase the revenue generated by the grid. It offers leverage choices ranging from 1.2X to 5X, and you may utilize the tools provided to increase your profits. On the trading screen, users will have access to an orderbook and transaction list on the top of choosing whether to use the Trading Bot or perform a Manual trade.

Nevertheless, the exchange states that it now only accepts a limited number of coins/tokens for deposit in the early edition but that it plans to progressively expand this number in the future version. Identify the eight cheapest crypto to transfer to your wallet with the lowest fees, and forget all about costly crypto transfers. TokenTact has obtained the MSB (Money Services Business) license from FinCEN (Financial Crimes Enforcement Network), which means it can legally operate in the US market. You can verify using an email code or mobile OTP while signing up for your account. The amount of the fee varies depending on the specific coin and network you’re utilizing.

By talking to TokenTact GPT, you can generate any trading ideas and strategies. In futures trading, due to the requirement of maintaining margin, unfilled orders that are close to liquidation are often automatically canceled. In this situation, some exchanges close the grid trading and liquidate the positions automatically.

Step 3, fill in the grid settings, click the button at the bottom to add the grid. After entering the investment amount, you will see the return in two different scenarios. Also, you can customize auto-staking parameters for the bot to search for new buy-the-dip products if you did not buy BTC after the first round. The final product TokenTact selects for you will be the one that best fits your auto-staking preference. TokenTact can now accept webhook messages from TradingView and automate them for you within the exchange. Connect your TradingView strategy directly to the TokenTact exchange without experiencing any latency.

It puts your money into different cryptos that you choose and changes the allocation according to a fixed time interval or a threshold that you set. In general, we believe TokenTact to be a safe exchange that can be used to buy, sell, and trade cryptocurrencies. Since TokenTact keeps its funds on Binance and Huobi, it is able to benefit from the high level of security that these platforms provide. Whatsmore, TokenTact is also able to aggregate liquidity from the two crypto exchanges near the ticker price. There are no geographical limits for TokenTact clients, which means that traders from Malaysia to Brazil can open a live account and start using any of the trading bots.

If you are after a cryptocurrency exchange that is simple to use, and you are not looking for free trading bots, then I suggest you take a look out our article on the best cryptocurrency exchanges. Even if you are a beginner and have no experience using trading bots, TokenTact has you covered. Their AI 2.0 Grid Trading bot is the best option for newbies, as the operation is simple, there’s an APR of 153.4%, and you can start making money without setting complex parameters. It is based on 30 day backtesting, and is suitable for running 30-50D. Watch this short video introducing the Grid Trading bot to gain a better understanding. You can choose from different bots like grid trading, DCA, rebalancing, arbitrage, etc.

As we can see, Flying Wheel Strategy starts with investing USDT and ends with earning USDT. It started from Buy-the-Dip or Sideways Gain(Invest stablecoin) to earn daily interest in USDT until BTC is bought at the strike price (price drops below the strike price at settlement). Then reinvested BTC into Covered Gain and earned interests until invested BTC was sold at the buy price (the price we buy BTC). Proper use of this strategy can help users gain more than 15% in one month.

This guide will explore how to use TokenTact robots, what payment methods are available and how the exchange’s fee structure is laid out. We will also review the TokenTact arbitrage bot and grid trading bot, alongside the trading platform, asset range and more. These bots allow you to automate your investing strategy so you don’t need to constantly monitor the market. TokenTact features low trading commissions and a fully fleshed-out mobile app.