DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with TokenTact please share your personal review of the broker and what you think are strong and weak points. Compare TokenTact with the top 3 similar brokers that accept traders from your location. The company holds a USA Money Services Business license (MSB) with a Monetary Authority of Singapore (MAS) license pending. Liquidity engines are aggregated from both Binance and Huobi Global, ensuring that the bots can match orders and run 24/7.
In the future, we’d love to see TokenTact expand its customer service options and enable fiat deposits. TokenTact is a centralized platform for cryptocurrency trading that was established in 2019 and is headquartered in Singapore. Instead of providing its order books for willing buyers and sellers, TokenTact aggregates liquidity from the top trading in the world exchanges such as Binance and Huobi Global.
This is why the fees on https://tokentact.net/ are lower than that of Binance and HTX for a retail user. This is why running a bot on TokenTact is more cost beneficial in comparison with other crypto exchanges. TokenTact is a unique cryptocurrency exchange that allows you to use 18 free bots to automate your trading. Our TokenTact review will help you learn more and decide if you’ll benefit from opening an account.
- Every order in the backtesting system is authentic and verifiable.
- The only fees charged are those paid to the network — not TokenTact — for depositing or withdrawing funds from the platform.
- Create the AI grid bot on the 1st of each month and run until the end of the month.
- CoinSutra provides general cryptocurrency and blockchain information for educational purposes only.
With the integration, they don’t need to use a third-party trading bot platform and risk their API keys. TokenTact is one of the biggest Binance Broker, which shares deep liquidity with Binance. Upon that, TokenTact provides 12 trading bots free of charge inside the exchange.
Please note, some markets may only be available via CFDs or other derivatives. https://kryptotaglich.de/tokentact-review/ can be contacted via the email address below, Telegram or through a live chat functionality at the bottom right corner of the website.
These bots allow you to automate your investing strategy so you don’t need to constantly monitor the market. TokenTact features low trading commissions and a fully fleshed-out mobile app. We believe TokenTact would be a great option for high-volume and mobile investors.
Step-by-step instructions on how to carry out deposits and withdrawals are provided throughout the course of the walkthrough. As TokenTact is a cryptocurrency exchange with crypto trading bots, it does not link to other exchanges for the bots to work. In addition to trading bots, TokenTact also supports manual trading between some of the most popular cryptocurrencies.
TokenTact’s trading fees are competitive, with each maker or taker transaction costing only 0.05%. For those searching for a low-fee option, this is a viable option since there is no minimum order volume required. You will not be able to withdraw fiat currency through TokenTact; instead, you will only be able to withdraw cryptocurrency. It is necessary to move it to other exchanges and then cash it out utilizing such exchanges that let you convert it to fiat currency. As an established broker, TokenTact has over 100,000 monthly active customers, while handling $5 billion in trading volume every month within a fixed 0.05% maker-taker fee price model. It’s interesting to see the bad experiences of others with TokenTact, where mine are very good.
The result fully shows that AI 2.0 has higher applicability in different currencies. Grid profit refers to the arbitrage income earned by the operation of grid bot buying low and selling high. It is an important indicator to measure the performance of grid trading strategies. Compared with AI 1.0, the grid profit of AI 2.0 has increased by 17.67%, and the annualized rate of return has grown by 33.66%. And unlike others who might charge hundreds of dollars for just one bot, TokenTact offers all twelve of their bots absolutely free. Which is a pretty low fee compared with other brokers who don’t offer free trading bots.
Like other crypto trading bots, TokenTact gives users a way to automate their trades and — hopefully — make a profit trading without much involvement in the process. TokenTact provides grid trading bots, a trading program that automatically buys low and sells high within a specific range. According to the CTO of TokenTact roughly 60% of the Binance and HTX orders are aggregated and available to TokenTact bots and traders. The reason it isn’t 100% is there are always some fake orders on the order books. But even 60% of the liquidity from these two brokers is enough to ensure the automated trading bots from TokenTact can perform properly.
Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world. Several negatives with TokenTact should be considered, in particular for advanced algorithm traders in the crypto space. Hedge With Crypto aims to publish information that is factual and accurate as of the date of publication.