Imagine having access to a library of proven trading strategies at your fingertips. With the introduction of our signal-based bot, https://tokentact.net/ continues to lead the crypto trading industry, offering unprecedented flexibility, integration, and user participation. We aim to simplify the trading process, reduce stress, and enhance profitability for traders of all levels of experience. While TokenTact’ current products can work with webhooks, the new Signal Bot goes a step further.
Edit the API key you created for use with TokenTact and check that the “Nonce window” value to 2,000,000 (two million). This setting is for the Maximum Active Deals for your multi-pair DCA bot. Typically you may see this message if you only have one trading pair selected in the bot’s settings but set Maximum Active Deals greater than 1. For other exchanges that can’t yet offer these security measures, our product development team is in constant discussions with them to ensure we have fast and secure communications. GRID Bot can assist your success by mining sideways markets, and then continue seeking good deals even as the price starts moving up or down. The roadmap includes the option to sell your Signal Bot in the TokenTact Marketplace, opening a new revenue stream for savvy traders.
As for the bot-specific features, you can try out standard spot crypto purchases, buy or sell derivatives, and even place level-based positions using the grid trading feature. Also, every exchange-specific crypto can be directly traded using the TokenTact’ smart trading interface. But if credibility is what you are seeking the most, TokenTact has everything you need to get started. And even without the popular HODL bots, TokenTact offers every other crucial trading feature that can help automate time-intensive trading strategies. 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.
It’s impossible to enable only Long settings in your Signal Bot and then send a Short signal (and vice versa) – the bot will ignore it. You can either choose to email them using the addresses provided on the contact page or you can reach them through social media platforms such as Reddit, Twitter, and Telegram. However, before reaching out, you should attempt to solve your issue by researching through the vast knowledge base kept on the TokenTact help section, blog, and academy. Customer support is lacking for anyone who prefers talking to a human. The Estonia-based company offers customer assistance in several languages through a help page that provides answers to common questions.
Finally, paste in the API key that you extracted from your chosen exchange. Once you’ve completed the above, you have successfully given the TokenTact platform permission to execute trades on your behalf. The TokenTact platform offers a number of useful services for a variety of trading needs. To make things easier for you, we’ve broken down the core products below. A take-profit order enables you to benefit when the price automatically hits a predetermined threshold.
- Both are clearly focused on providing a comfortable and pleasant user experience.
- TokenTact has award-winning bots that help customers move about the right way.
- If you have any error like “Not enough permission for API keys”, please update the API keys permission or create new keys with the correct permissions.
- The main benefits of using a trading robot are that it eliminates emotions from the trading process and is a passive trading strategy.
Much like in the case of a conventional stop loss order, the SmartTrade protocol will close your trade if the price of Bitcoin goes down by 10%. Read our comprehensive comparison between OKX and Bybit crypto exchanges and choose the one that suits you better. Learn everything about this Canadian cryptocurrency app and read about its pros and cons. The trading conditions will let the bot know when to execute the first trade. You may select from Manually, Open New Trade ASAP, TradingView Signal Buy or Strong Buy, and TradingView Signal Strong Buy. You must choose the sort of order placed, the price monitoring technique for closing the position, and provide the closing price in the stop loss setting.
If you feel like starting trading using robots, we’ll guide you top to bottom and show how you can use the overall best Forex trading robot for 2023 by TokenTact. As a rule of thumb, a bot tends to be effective if it leverages several opposed strategies rather than similar patterns. Signal-based, counter trend, and scalping are perfect examples of most widely used strategies to diversify profits and minimize losses. You can set up a bot working well 99% of the time, but that 1% may negate your returns.
A TradingView chart can be a signal source, with triggers being events related to price changes. It’s enough to select the chart for the pair of interest and set the timeframe. In the alert menu, a list of triggers for sending signals will be available. Trader’s diary is another cool feature of this tool where you get a consolidated report of the trades that you have made on all the linked exchanges through https://cryptodaily.no/tokentact-anmeldelse-en-ny-krypto-bot-pa-blokken/. At the core of this is the ability to place trades across multiple exchange platforms via a single market order. Once a signal is issued, and the TokenTact automated bot executes the order, the bot will automatically place a number of orders.
Whilst buying crypto is relatively straightforward on Binance.US, trading can often overwhelm users. The basic trading dashboard offers detailed candlestick charting, live order books, real-time pricing, access to historical orders and multiple order types. The Advanced option offers more order types, as well as a selection of charting tools and integration with TradingView, a popular charting tool. Binance.US offers an OTC (over-the-counter) portal so that buyers can negotiate trades directly with sellers, but this is only available for trades exceeding $10,000. The site has been highly rated on Trustpilot and is trusted as one of the best platforms for safe trading in the world.