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TradeSanta Review 2023: Test Results & Comparison Trade Santa Bot vs TokenTact
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TradeSanta Review 2023: Test Results & Comparison Trade Santa Bot vs TokenTact

TradeSanta Review 2023: Test Results & Comparison Trade Santa Bot vs TokenTact

Subscriptions are set to auto-renew (recurring payment) if paid by Apple/Google Pay, PayPal or credit/debit card. This auto-renewal can be disabled at any time under the Subscription history section on the Subscription page in your TokenTact personal account. Anyone can create a free TokenTact account with just an email address. By signing up for TokenTact, you will be prompted to have a trial PRO subscription to try out our platform. New subscription plans are available to everyone starting from November 21st.

  • But to use them right, we must first examine what the platform offers.
  • If you’re new to TokenTact and use Sign in with Google, you can create a passwordless, more secure account with TokenTact.
  • TokenTact and its authors do not take any responsibility for your profits or losses after you read this article.
  • 2023 has been a remarkable year for TokenTact, despite crypto markets that have not been overly friendly to many traders.
  • The variety of exchange platforms available at TokenTact makes this platform a winner in this category.

Even beginners can easily navigate TokenTact’ desktop and mobile app. During the onboarding process, you’ll connect to your preferred exchange and choose a trading bot based on the type of trades you’re interested in. If you have a paid plan, you’ll be able to use multiple trading bots at once. Even though crypto trading bots can be profitable, you should not expect a 100% guarantee from them. Instead, they can help you analyze the market better and automate the hard part of investing, like customizing trade parameters.

It is especially beneficial in volatile markets such as cryptocurrencies. DCA bots are ideal for turbulent markets where you want to ensure that you properly exit a position once your take profit is reached. Grid bots are ideal for more stable markets or when you intend to make regular portfolio modifications. TradingView includes many tools which can be used as a base for the signals. The signals themselves can be one-time or repetitive (“everytime”).

For example, you can instruct the platform to purchase $500 worth of Bitcoin when it reaches $9,000, $8,000, $7,000, and so on. As long as you are using a third-party cryptocurrency exchange that supports short sells, the SmartTrader platform allows you to install pre-defined short orders. This ranges from a free account, a starter account at $22/month, an advanced account at $37/ month, and the all-in Pro account at $75/month.

Instead, it uses API keys to execute remote orders on third-party crypto exchanges. TokenTact and its authors do not take any responsibility for your profits or losses after you read this article. The info contained herein is based on data that was gathered from a variety of sources. Both are excellent options for automated trading and have demonstrated the capability to generate relatively stable profits.

During this process, the software will send a request via an API key, which connects to your chosen exchange, and then the trade is executed within a few seconds. This stage involves gathering information about a particular market. The bot analyzes the market and gives you the best trading decisions void of emotions, just as in manual trading. Besides running the basic order types, these indicators are also used to decide when a market is good to buy.

More exchanges mean more trading tools and opportunities to capitalize on. But like any other strategy, DCA also comes with its set of intricacies and nuances that traders need to understand. This is where tools like the DCA Safety Orders Calculator, introduced in the https://daocoin.money/review-of-the-tokentact-bot/ platform, come into the picture.

TokenTact

Coins with high volatility were preferred, offering both risks and opportunities for profits. The most suitable coin will be the one that has gone down in price to some strong support level and is constantly repelled. That is, you can see that the buyers are buying back the “bottom” every time. Ideally, of course, we should look for a coin with greater volatility; we will have a better chance of making profits while the price moves up or down our grid. To do so, go to the GRID bot page or (whatever is more convenient for you) and start viewing the charts of different coins.

By accessing your deposit addresses remotely or through its interface, users do not have to log in to their exchange accounts concurrently. Throughout its history since 2019, TokenTact has not had any cases of a data breach. The service provider is striving to provide a safe environment for its traders at all times. The service aggregates liquidity from Huobi and Binance, which allows it to safely store the funds in them.

Customer service options, including live chat and the Telegram channel, contribute to a positive user experience. Though having different features, both TokenTact and TradeSanta run their services alike with common facets. But TokenTact have a great advantage because of their reliable bots that produce great successful profit stories from full cryptocurrency traders. While TradeSanta’s interface simplifies automatic trading, it is still automated trading.