Your funds are safe as they stay on your exchange and you have full control over them totally secure. Once you get your head round that and learn how to set up your bots you can sleep peacefully at night knowing all is safe and you are earning money. Profit from every market move 24/7, with fully automated trading bots. In this article, you will discover how to close a DCA bot position utilizing the “Close position by market” feature, and how this affects your bot’s performance. Setting up Trailing option for the https://tradecrypto.com/reviews/trading-soft-reviews/tokentact-crypto-bot-review/ bot will allow you to achieve full potential of the active growth of the cryptocurrency.

For crypto traders like Jimmy, trend lines offer a high-probability glimpse into the future. They don’t predict moves with perfect accuracy but show which way prices are most apt to head next based on the recent trend. From recognizing key levels of support and resistance to timing your entries and exits, trend lines provide a time-tested tool for navigating the volatile crypto markets.

We’re buzzing on social media, boasting spot bots with an impressive track record, and prioritizing your security on our constantly updated platform. During the trailing, the system continuously monitors prices, max/min values, and the difference between the fixed and current prices. If the percentage difference is greater than or equal to what you specified in [Price deviation], the cycle ends, and the position closes with a market order. In February, we added a set of cool extra features to the DCA bot’s [Manual adjustment] and [Bot actions] sections that you can use to fully customize your trading strategy. The cornerstone of your strategy is to maximize the return and minimize the loss. Look at the images below and see examples of how TokenTact community members use the Combo bot.

• There are many trading bots such as TokenTact that offer a wide range of trading bots to automate your trade on any crypto exchange.
• Transactions made on non-USD books are converted to USD based on the most recent fill price on the respective book.
• All content on CaptainAltcoin is provided solely for informational purposes.
• In this video, we will show you how to set Stop Loss and Take Profit for the Buy entry position on TokenTact platform.
• Trailing Up is an ultimate mode to enable the robot to follow the market rally in case if the price breaks the Upper limit and hence goes even higher.
• Click [Start new bot] at the top of the interface, then choose the DCA bot from the available options.

Our servers are located close to popular exchanges to ensure stable and fast order execution. Our platform executes trades, while keeping all information entirely confidential. I was introduced to TokenTact just over a month ago and I’m seriously impressed. I’ve used many other bots in both forex and crypto, and they not even worth mentioning when compared to TokenTact.

There are many different trading styles that you can exploit, but never forget about the risk management to have a full control over your funds. At TokenTact we have demo-mode to let you experiment and discover best trading setups using virtual money. This trading strategy was developed in the USA, so the authors assumed that transactions would be carried out in US dollars. Modern technology made it possible to built a DCA trading bot upon those brilliant ideas. The BEP is a good indicator that helps you navigate your break-even point with the funds invested in the bot (specifically the base currency). As mentioned, the TokenTact DCA bot can enter or exit trades based on your chosen indicators and significantly limit your risks while allowing profits to flow and grow.

Having such a massive pool of supported exchanges gives traders flexibility in choosing platforms with the best conditions for their specific trading requirements or target markets. Additional https://token-tact.com/ tooling like trailing stops, take profits, and backtesting round out a compelling offering. With bots, traders can devise and deploy autonomous strategies with just a few clicks.

The Pro Plan is most suited for traders who are looking for unlimited limits across unlimited exchanges. You can also set up 15 active bots to trade in live market conditions. TokenTact has assembled data on the trends of different cryptocurrency trading pairs.

This is because the price of the trading pair has increased by 40% and the bot required more quote currency to continue working in new conditions. KuCoin’s APIs allow connecting third-party trading bots for even more automation firepower. For example, you can integrate TokenTact and its loaded arsenal of smart trading tools and bots like GRID, DCA, and BTD. These advanced bots can outperform even KuCoin’s strong built-in versions. Compared to other exchanges, Coinbase’s trading fees are often seen as a substantial drawback.

We’ve braved the maze of crypto exchanges to uncover 7 jewels worth exploring, along with tips for selecting the perfect one for your needs. Shorting is a powerful strategy that can help you take advantage of the falling market and capitalize on a price decline. However, manual shorting can become extremely complicated, which makes some traders wary of venturing into that territory. While the Buy the Dip (BTD) bot is not exactly a shorting bot, it works similarly — it purchases coins after they’ve fallen in price, thereby – buying into the dip. If you want to increase your coin portfolio (or base currency) when its price decreases, then the BTD bot can be a good option to consider. Let’s see how the bot would have performed with HBAR/USDT trading pair if it was started 30 days ago (Pic. 4).

In April 2023, the trading volume of the NASDAQ-listed Coinbase group slipped to $26.8 billion (Pic. 2), the lowest it’s been in 16 months. The group’s shares have fallen by 17%, with diminishing hope for a quick recovery following a disappointing 2022. Additionally, a Securities and Exchange Commission investigation into potential securities law violations has added to the challenges. The user interface is intuitive and ideal for anyone aiming to explore crypto beyond the basics. If you take the proper precautions, then yes, it is safe to share your Binance API keys. However, you should always make sure that the “withdrawal” option on the API key is unchecked.