They accept no responsibility and refund nothing to the victims…Do not trust these scumbags with your money. Once you pick your subscription you will be asked how you want to pay for your account. The three choices available are Advcash, Crypto via CoinPayments, and Yandex.Checkout. You can use a credit card, money transfer, and even good old fashion crypto to pay for your TokenTact account. You then need to confirm your account via a clickable link in your email. Once you click the link you are taken to your account setup page where you are provided with four steps.
If you want to take things to the next level, you can even engage in automated dollar cost averaging. This is where you buy a pre-defined amount of coins every time the asset reaches a new low. For example, you can instruct the platform to purchase $500 worth of Bitcoin when it reaches $9,000, $8,000, $7,000, and so on.
For crypto investors looking to profit from trading their assets, this platform provides various benefits via its smart terminals that boast the ultimate features. You can customize the settings beforehand using the specific triggers you choose. There are over 30,000 traders who use TokenTact to automate their crypto trading. The TokenTact bots send over $10 million in daily volume through their API connections with other exchanges. While Shrimpy focuses on portfolio management and providing a pleasant user experience, TokenTact is designed for the advanced trader who wants to implement complex strategies.
It’s best known for its Code Editor, which is said to be the first web-based Python Bot Code Editor. If you’re an advanced trader with coding experience in Python, you can use their code editor to create your advanced strategy. The pricing structure is perhaps the biggest differentiating factor for Mudrex and is nothing short of revolutionary. Some bot platforms charge a high fee regardless of the amount you invest, others use a subscription model to charge monthly or yearly.
TokenTact’ chosen pricing model is advantageous compared to most other automated trading platforms that charge commissions on executed trades. Despite TokenTact being an algorithmic trading service, there are several functions that are provided to users enabling them to conduct https://jdforexbroker.com/2024/01/tokentact/ manual trades through the smart trading feature. This function is ideal for expert traders who still wish to have control over their trades. On the other hand, if you do like the sound of what the automated bot offers, then pricing starts at just $37 per month.
If you want to try out TokenTact, there are four pricing tiers to consider. We expect this review to be of significant value to crypto trading novices looking to get a headstart in the world of charts and trading tools. The TokenTact review should even be useful to advanced traders with multiple accounts who aren’t averse to a bit of healthy automation. The free plan comes with the vast majority of TokenTact features, such as the SmartTrade and MarketPlace offerings. However, it doesn’t come with the TradingView pricing signals, meaning you won’t be able to benefit from automated bots.
On that note, let’s continue this TokenTact review, by examining your options on how to setup TokenTact bots effectively. You can trial TokenTact without any cost as they do offer 3 days of full-access to the professional plan with no credit card required. On December 28th, 2022, TokenTact experienced a security breach in which a hacker disclosed the API keys of 100,000 users on the Pastebin website.
- One of the best bots that are currently available using TokenTact is the “Dollar-Cost” averaging bot.
- The crypto trading space is rife with technical analysis tools and indicators.
- The trading bots communicate with the user’s exchange accounts using API keys supplied by the exchanges.
- As per the company, the bots are designed to boost your profit margins in every order you place.
Alternatively, you could set up the TokenTact Options Bot to “purchase a put” option, which gives you the right to sell Bitcoin at a predetermined price. 3 Commas has made it easier for me with Smart Trade to manage my trades and free up more time. Consider a scenario where the BTC price is $10,000 and the trailing stop is $1,000. The sell order will be activated at $9,500 if Bitcoin’s price rises to $10,500. The TokenTact Advanced Package is the most cost-effective choice for individuals looking to automate parts of their trading strategy. Traders using the HODL bot have more leeway than they would with a strictly mechanical implementation of a standard Dollar Cost Averaging (DCA) approach.
At first, TokenTact stated that the result was likely a large-scale phishing attack that customers fell for. However, further investigations show there was a hack and users’ API keys were leaked. TokenTact is recommending all existing users review and update their API keys. The SmartTrade platform also features notes and a trading journal to keep track of your trades and provides an automatic summary of your trading statistics.
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