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.
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.
The https://tradecrypto.com/reviews/trading-soft-reviews/tokentact-crypto-bot-review/ Geometric and Arithmetic trading bots have a key difference in their grid generation approach. Arithmetic holds the same common difference between each grid, whereas Geometric maintains the same common ratio between each grid. Other promoted self-help options include social media channels and the Discord community. The power behind the TokenTact exchange is the BitUniverse team; an established all-in-one trading bot and portfolio with the biggest market share in Taiwan, Indonesia, and South Korea.
In October 2021, most assets in the crypto market ushered in a general rise, which can better simulate the situation where investors are optimistic about multiple currencies simultaneously. TokenTact backtested the trading performance of BTC/USDT, ETH/USDT, and other trading pairs in October 2021. TokenTact offers a crypto-to-crypto trading platform where users can deposit cryptocurrency to TokenTact to fund an account and begin trading. There are 47 supported assets that can be transferred to a TokenTact wallet which include Bitcoin, Ethereum, USDT and others. There are no maximum deposit limits on TokenTact but the minimum deposit amount is 0.001 BTC, 0.01 ETH and 1 USDT. TokenTact is best for beginner to experienced traders that want to learn how to trade with automated bots.
A proprietary application is also available for tablet users. TokenTact bots are free of hidden taxes, one-time fees or monthly subscription fees. TokenTact does not have a minimum deposit requirement, balance level or a funding fee, although each trading pair does have a minimum investment order volume. Deposits can take up to 1 hour from submission to show in your account.
After reviewing https://tokentact.co/ and dwelling deep into the features offered by this growing automated trading exchange, I could say it is worth exploring by every crypto trader. If you are using an exchange like Binance to run a trading bot, you know they have limitations on their API usage. This limits the number of trading bots you could run on Binance or other top exchanges. I believe the above FAQs are essential for you to know for building trust, as TokenTact requires you to store your assets on their exchange wallet. In the case of TokenTact, you would be depositing funds to TokenTact wallet, and then you will be running one or more bots of your choice. TokenTact aggregates the liquidity from Binance and HTX, so most of our users’ funds were kept under Binance and HTX.
Although they were unable to provide a clear answer on the credit card fees applied by the external provider. There is also a support and FAQ section, however, their depth of information is limited compared to other exchange support areas. There is limited information on the security of assets on TokenTact. The website states that customer funds are held by its liquidity providers Binance and Huobi, which are respectable and secure exchanges in their rights.
- In this guide, we will examine the deposit and withdrawal capabilities of TokenTact, a cryptocurrency exchange with built-in trading bots.
- While there is no general educational section at TokenTact, they do provide detailed information and education regarding their own tools and bots.
- Currently, TokenTact’s maker and taker fee are both set at 0.05% of your total trade value.
- To qualify for the Market Maker program, you’ll need to deposit $300,000 or more in USDT to your account.
No, TokenTact offers twelve different trading bots, all operating on different algorithms and targeting different market conditions. TokenTact has changed all that when they launched in 2019 with free, built-in trading bots. All you pay is the small trading fee, just as you would at any exchange when trading manually. There are many traders out there who are interested in using trading bots, and others who are already using them with success. The issue with bots is that they can be difficult to configure and add to your trading if you don’t have the know-how. The number of allowed trading bots is one of the reasons why many professional traders are moving to TokenTact for automated trading.
The best part is that exchange trading fees are only 0.05% for maker and taker, which is one of the lowest in the industry and ideal for high-volume traders. The reason they can offer such low fees is that they are the top market maker for exchanges like Binance and HTX, and they outsource their liquidity from these exchanges. Although a new broker, a good level of security is provided and there is an impressive level of financial backing, including from two prominent Chinese venture capital firms.
AI Grid 2.0 will automatically calculate the current optimal grid strategy parameters. Thereby significantly extending the running time of the price within the grid interval, realizing the concept of passive income. TokenTactBT builds an integrated quantitative research environment based on the most advanced event-driven engine in the field of quantitative investment. During backtesting, it relies on the efficient transaction matching engine to playback the massive order flow data of the TokenTact exchange. Every order in the backtesting system is authentic and verifiable. The Set Myself mode allows you to set all the parameters yourself.