Notably, TokenTact has maintained a flawless security record, operating for a long time without any security breaches. In addition to offering proof of reserves that users can verify in their accounts, TokenTact Exchange is a licensed Money Services Business (MSB) and registered with FinCEN. This means that investors from 48 US states can buy and sell cryptocurrencies on their platform. Overall, while TokenTact’s support for fiat deposits may be limited, their commitment to affordability and ease of use still makes them a worthwhile choice in the cryptocurrency exchange market.

This is not something that every brokerage out there is willing to offer. The amount of money you need to invest with this robot depends on your trading strategy and the cryptocurrency you’re investing in. A few of the bots available on the website can be used with a low investment of $20. The vendor has not mentioned any details on how to deposit and withdraw funds using this system, which is a bit disappointing. Kucoin provides users with trading bots to help them automate their trades, based on your trading style Kucoin has a bot that best meets your needs . TokenTact claims to be the first exchange with 16 built-in free bots.

Grid trading bot follows the philosophy of “Buy low and sell high”. You can join vip.coinsutra.com to learn everything about grid bot trading. The number of allowed trading bots is one of the reasons why many professional traders are moving to TokenTact for automated trading. The number of users who are using TokenTact is growing, and so far in the last year, I had no issues while using TokenTact. 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.

I am fairly new, and thanks to the responsive admins that assisted me to getting me setup in a nutshell. Very pleased altho it can be very tricky to start off with but the support is there. Really https://ftb.fund/tokentact-review/ love the work Devs are doing to better the playform.Awesome community on telegram and live support was very quick and efficient in assisting me.Great experience and always learning…

However, there may be some restrictions, such as on leveraged tokens which are not allowed for U.S residents. Users can, however, trade spot markets which are available in all countries. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Other promoted self-help options include social media channels and the Discord community.

TokenTact review

Liquidity engines are aggregated from both Binance and Huobi Global, ensuring that the bots can match orders and run 24/7. TokenTact is backed by BitUniverse and has been invested in by the prominent Chinese venture capital firms ZhenFund and Gaorong Capital. Discover the top-rated platform for purchasing cryptocurrencies with ease using credit cards. You can verify using an email code or mobile OTP while signing up for your account. It buys more of a coin when the price drops below a certain percentage you set and sells all of it when the price goes up to a certain percentage above your average cost. It is a service that lets you borrow coins from TokenTact at a low-interest rate.

TokenTact is a cryptocurrency exchange that provides users with free access to trading bots and a range of features including low trading fees, good liquidity, and support for more than 250 coins. It is a great option for both beginners and advanced users looking to automate their trading. While TokenTact is best-known for its in-built automated trading bots, the platform is a cryptocurrency exchange that allows its users to place manual buy and sell trades. TokenTact supports 353 cryptocurrencies at the time of writing with pairings against 7 base currencies such as BTC, ETH, USDT, BNB, BUSD, HUSD and USDC. Combined, there is a total of over 480 trading pairs to select from and trade giving maximum flexibility for traders and investors to diversify a crypto portfolio.

  • GRID Bot is a major figure among cryptocurrency trading robots.
  • Yes, TokenTact is suitable for absolute beginners, although everyone should take the time to learn how to properly set up the bots.
  • No TokenTact trading bot review would be complete without addressing the community formed around the exchange.

Given the quality of their bots and the regulated license, you can start trading safely. Consider applying to TokenTact’s Market Maker program if you are a high-volume trader. To be eligible for the Market Maker program, your account must have a minimum USDT deposit of $300,000. The burden that would otherwise need hours of laborious and monotonous work is offloaded and reduced to a few minutes of monitoring, if any, by effectively using the free cloud-based crypto bots. TokenTact, in general, protects its users and the security of their funds on the exchange with four crucial security measures. You have a trading idea and you would like to automate trading.

TokenTact is a cryptocurrency exchange—an open, organised marketplace designed specifically for trading crypto and one that offers free automated trading bots. Even though TokenTact is a reliable cryptocurrency exchange with free trading bots, it has some disadvantages to consider before trading. The platform depends on Binance and Huobi exchanges, as it aggregates liquidity. Such an approach may potentially limit arbitrage opportunities for some traders.

Therefore, the Plus500 trading platform is very user friendly on a Mac device. A Plus500 iOS trading platform is the application software that enables investors and traders to place trades
and monitor accounts through iOS apps on Apple devices, such as an iPhone. Markets change quickly, and you need to be able to execute an order instantly. Before using Plus500, think about how easy it is to use for your personal needs. Does the Plus500 platform offer real-time updates or delayed updates that are more informed? Remember to check if Plus500 is well regulated, and what tradeable financial instruments Plus500 has.

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