But… In order to follow this strategy, you need to have 5 profitable trades per day consistently which is 2000 trades per year. Anyone who has tiny bit of trading experience would know that, it’s just not humanly possible to have 5 profitable trades everyday. TokenTact is able to take advantage of the high degree of security offered by exchanges like Binance and Huobi by keeping its funds on their platforms. It has also been granted a Money Services Business (MSB) license by the Financial Crimes Enforcement Network (FinCEN) and has gone over 900 days since its inception without any security breaches. With the Margin Grid, you may mortgage your currency in exchange for borrowing another asset to operate the grid.

If you still can not verify your KYC, please send the email to with the title “KYC failure” and provide your TokenTact account Email/SMS in the content. Fees related to acquiring and disposing of your cryptocurrency can reduce your capital gains tax. Remember, to use a ‘specific identification’ method like LIFO, you’ll need to be able to identify each individual unit of your cryptocurrency holdings.

According to the previous market cycle, it typically took 20 to 36 months for Bitcoin to recover and reach all time high again. We’re now in the bear market, and there would be at least 2~3 years of brutal sideway bear market awaits us. But we can’t simply leave the space and come back 2 years later because you never know when the crazy bull market will return. Not to mention that it is backed by large-scale investors to the tune of $10 million and maintains its funds on two of the most well-known exchanges in the cryptocurrency world. TokenTact does not charge a fee if you withdraw your crypto into an internal address in TokenTact.

We reserve the right to change applicable limits as we deem necessary in our sole discretion. If you wish to raise your limits beyond the posted amounts in your Account, you will be required to complete additional verification. We may require you to submit additional information about yourself or your business, provide photo identification or financial records, and/or arrange for meetings with our staff (such process, “Enhanced Due Diligence”).

  • Move to TokenTact and start using its in-built automated trading bots.
  • So when the price start rising, the bot sells as the price goes up; when the price start dropping, it buys as the price goes down.
  • Many of the exchanges work with an Arbitrage Trading Bot that will automatically scan the markets for you.
  • The final product TokenTact selects for you will be the one that best fits your auto-staking preference.
  • In addition to automated trading bots, TokenTact.US offers an ever-growing number of cryptocurrency pairs for you to invest, such as BTC, ETH, BNB, ADA and more.
  • Don’t have to pay the expensive subscription fees for the bot services.

According to the data, 90% of traders will get better returns if they use DCA instead of manually investing their funds. Moonin Papa is the co-founder of The Better Trader, a leading international crypto trading education company serving over 25,000 students in 36 countries. With over three years of experience trading with bots, he is a well-known and trusted influencer in the crypto trading community.

To get a complete list of all the cryptocurrencies, as well as their withdrawal fees, visit this page. The reverse grid increases the number of tokens the bot keeps while simultaneously lowering the cost of maintaining the bot’s presence. Generally, TokenTact has three key core products which offer a number of advantages to its users. The strategy involves holding a short position in the perpetual futures market while holding the same size position in the spot market. Arbitrage will find the market-neutral position and utilise the funding rate every 8 hours.

To determine if TokenTact is the right option for you, this review will examine trading on the exchange as a whole, test out the automatic trading features of the platform and weigh up its pros and cons. Additionally, TokenTact offers competitive trading fees and an innovative mobile app, making it a suitable solution for investors who trade in large volumes on the go. While automating your investment strategy using in-built trading bots, eliminates the need for you to monitor the market continually. If you’re a crypto trader who loves using crypto trading bots, TokenTact will be your first choice.

There are two ways for you to use Flying Wheel Strategy at TokenTact. Either you can use the flying wheel strategy bot on our App, or you can manually buy crypto using Sideways Gain and sell them using Covered Gain on our website. We charge ZERO trading fee on Bitcoin to USD (and all USD stable coin) trading pair. With the popular Grid Trading Bot, you can keep buying low and selling high 24/7, instead of overspending your precious time in manual trading. Users can also seek real-time assistance through TokenTact’s built-in chat tool by contacting them or posting a request on their social media networks. Additionally, an email address is provided on the website for those who prefer to contact customer service directly via email.

The definition of Arbitrage is to buy and sell items in different markets so that there is a profit made. So when looking at crypto currencies you also need to take into account where you are buying your coins. You go to the store to buy milk, however each store has their own price of milk.

TokenTact trading bot

Further, you acknowledge and agree that you will not hold this Site responsible for, and will indemnify this Site from, any liability arising out of or related to any act or omission of such third party. 4.“You” or “Your” refers to anyone who access to Services through the Site , API or Apps. Infinity Grids Bot is one of the perfect strategies in the bull market. Because Infinity GRID Bot has “infinite” grid orders, which requires a higher minimum investment than Grid Trading Bot. So the algorithm needs more initial investment for an Infinity GRID Bot.

It is licensed in Singapore and the US and has received funding from BitUniverse and Banyan Capital. Trading cryptocurrencies can be very profitable but also very time-consuming and stressful. You must constantly watch the market, analyze the trends, and execute the trades correctly. 1.First, open and log in to your account, choose the trading pair you want to trade. While TokenTact states it aggregates liquidity from Binance and Huobi Global, based on these figures the reported liquidity isn’t great which means slippage can occur on orders.

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