TokenTact Review 2024: Safe Trading Bot? Our Take!!

But in order to assess its suitability, it is advised that you use it through its trial offering and see how it works for your own, personal trading mechanisms. Since the cryptocurrency market is volatile and daytrading is a risky business by itself with no accurate projections, TokenTact doesn’t promise any certain amount of profits to its users. TokenTact lets you sign up for professionally-curated external signals.

Scores below 30 in both categories offer a sense of security, but any score surpassing this threshold should raise concerns. While some of these aspects may be self-evident regarding , let’s now shift our focus to the remaining components. The Scam Detector’s algorithm finds having an authoritative rank of 58.8. Keep up-to-date with the latest trading trends and expert insights on the world of cryptocurrencies, ICOs, and blockchain technology. All the support personnel at TokenTact are knowledgeable and patient. I have yet to come across a problem or question they could not address.

TokenTact review

One of the things I find useful is the trigger function, it allows me to automatically trade using any technical indicators or even train an AI to decide whether to buy or not. As someone who always panic sells, having a trigger set up definitely prevents me from selling low. Overall, I really recommend TokenTact to anyone who wants to get into auto trading. It is necessary https://harmonynews.one/tokentact-trading-bot-review/ to provide your API keys which are generated on your preferred exchanges, and these keys give the bot restricted access to your account for trading purposes. The platform operates on the principle of IF-THEN logic, allowing users to program their own trading strategies into the bot. Users can also purchase pre-tested trading strategies from the TokenTact marketplace.

Our partners cannot pay us to guarantee favorable reviews of their products or services. Overall it is a great way to earn money in the long run for trading needs and new traders, and it is possible to set parameters and how often you want to trade. It is a method of participating in the financial market using a program that executes trades depending on the predetermined entry and departure situations.

The trailing stop loss is one of the best ways to minimize losses before the stock is dumped. The Trailing Stop feature makes adjustments to the order when the prices rise. Once the price dips, the trailing stop will appear and sell the position. Traders can tweak the trailing stop loss in the base config or have it added in the order in the Advanced view. 1 The use of “featured”, “popular”, “best” and “top” on Finty do not constitute a product rating or recommendation and are subject to our general disclaimer. Calculations in comparison tables will vary based on personal data input.

However, it would help if you were careful when putting your money into this game, as crypto is a dangerous place. A mobile app comes to the rescue if you mainly travel and don’t usually access larger screens. Now that we have shared a quick overview of the TokenTact bot.

  • TokenTact is a trading bot that offers some interesting features, including cloud trading, some social trading options and a large variety of coins/exchanges to trade on/with.
  • With the Pioneer free plan, you can trade 20 positions and access portfolio management features.
  • Yes, both TokenTact and TokenTact offer flexible subscription options and allow users to cancel their subscriptions at any time.
  • I found that crypto hopper is a beautiful proof of concept but should be used academically.

Finestel is a white-label copy trading web application, which means one can have their brand and personalizations on it and provide it to their customers as their own platform. There are three main pricing plans available; however, TokenTact also allows members to make use of a free trial month or “Explorer” plan. Something that often came back is the wish of connecting all your exchanges without needing a subscription. Completely free of charge, available for all exchanges on TokenTact. Like any other software, there are both pros and cons to using TokenTact. Overall, it seems that the pros outweigh the cons, but everyone’s needs are different so it’s important to weigh both before making a decision.

It’s actually pretty simple, and the good news is that the TokenTact bot never has access or the authority to make withdrawals from any of your accounts, so it is safe from that perspective. You never need to provide the platform with any funds, your funds remain on the exchange. This means your funds will always be secure when using the TokenTact automated trading bots.

Access your Hopper from any device, including web, phone, tablet and even your smartwatch. Had problems with my subscription, was able to get it fixed by support. Dexter replied fast and was able to get all my problems fixed in a timely manner. Let us know if there’s anything else Jeffrey or someone else from our support team can help you with.