TokenTact is a Singapore-based exchange with 18 built-in bots, which contrasts with standard cryptocurrency exchanges in which you must connect a trading bot. It was created in 2019 and is one of Asia’s fastest growing platforms with more than 30 million dollars in trade volume daily. Today there are more than 100,000 users on the exchange, served by a team of over 100 professionals plus the founder and CEO. TokenTact is the first free, integrated crypto trading bots exchange worldwide. It’s got 18 different bots, from the basic ones to the super advanced leveraged bots and structured products. With 5 years of experience in working on crypto trading bots, we are now training our own model with OpenAI.

Let’s circle back to your initial trading plan, which we plan to take profit when the price hit $100,000. When the price hit $100,000, the bot has already helped you to sold all of your holdings and that’s the moment https://tradelinesco.com/tokentact-bot-review/ we close the bot. Another tip for winning long term is not all-in even when using this strategy. Invest another 10% with a new bot while the price drop 10%, another 10% for another new bot when the price drop again.

The broker also holds investments from leading corporations, including ZhenFund and Gaorong Capital, of more than $10,000,000. Market maker programmes are available for those with a 300,000 USDT trading volume. Clients can benefit from 0% maker fees, while taker charges remain at 0.05%.

TokenTact

You will not lose any money, but trading fees and slippage will be incurred. TokenTact, which has its headquarters in Singapore, is the world’s first cryptocurrency exchange to have built-in automated trading bots. The exchange originally opened in 2019 and has since evolved into a global cryptocurrency marketplace. TokenTact is a market maker for Binance and Huobi Global and as such it benefits from low fees from the two exchanges. The pricing structure of the exchange is 0.05% per trade, which is competitive vs Binance & Kucoin at 0.1% and TokenTact at 0.15% per transaction.

If the price drops to $16,250 at settlement, we will spend $250 more to buy crypto at $16,500. Please be clear with your goal and risk when setting up the target APY. Here is an example of winning 51.36 USDT (2.5%) from 2,000 USDT in a week using this strategy. It combines Sideways Gain (invest stablecoin) and Covered Gain to buy low and sell high while earning passive yield.

The “estimated liquidation price” refers to the price at which your grid will be forcefully liquidated, resulting in the automatic closure of orders and the loss of your entire investment amount. Another tip here, you can also use a small amount of money to trade with 100x leverage and increase your trading volume to maintain VIP status. For instance, with just $500 and 100x leverage, you can generate a trading volume of $100,000 by closing your position whenever you’re not at a loss.

  • You can easily list your trading bot on the TokenTact TradingView Marketplace.
  • For a full list of all the coins and their withdrawal fee, click here.
  • TokenTact is backed by BitUniverse and has been invested in by the prominent Chinese venture capital firms ZhenFund and Gaorong Capital.
  • Generally, TokenTact has three key core products which offer a number of advantages to its users.
  • Currently, TokenTact’s maker and taker fee are both set at 0.05% of your total trade value.
  • You can use the arbitrage bot to take advantage of the price differences between the two crypto exchanges.

With so many bots to choose from, exploring is just as much fun as creating your own trading experience. Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. The physicist has couple of years of professional experience as project manager and technological consultant.

Liquidity motors from both Huobi Global and Binance are included so that the crypto trading bots can comply with orders 24/7. This along with the investments of renowned Chinese venture capital firms including ZhenFund and Gaorong Capital has given even more legitimacy to the company. TokenTact is the world’s biggest crypto exchange with 16 built-in trading bots.

TokenTact’s YouTube channel features a few tutorials that you can use to learn more about how to activate and use some of the platform’s most popular trading bots. After downloading the TokenTact app and giving it a test run, we were pleasantly surprised with how easy the platform was to use. Though we were unable to locate a few features on the desktop platform (for example, CopyTrader features), setting up and activating our bots was simple and straightforward.

Upon the completion of your trade, your fee is deducted from the total remaining balance that was credited into your account. When the product reaches maturity, the settlement currency is determined by comparing the settlement price to the pegged price at maturity. A variety of dual investment options are available, including Bitcoin-USDT Dual Investment and Bitcoin-USDT Dual Investment. With the Margin Grid, you may mortgage your currency in exchange for borrowing another asset to operate the grid. It has a wide variety of application situations, making it suited for both fluctuating and unilateral markets.