To qualify for the Market Maker program, you’ll need to deposit $300,000 or more in USDT to your account. You can also apply for the program if you maintain the equivalent of $300,000 USD or more in another supported coin or token (Bitcoin, Chainlink, etc.). If you qualify for the Market Maker program, you’ll pay 0% in maker fees. https://daocoin.money/review-of-the-tokentact-bot/ uses a maker-taker fee schedule, which means that you’ll pay a fee when you place trades that “make” liquidity on the market and that “take” liquidity away from the market. If you place a trade that isn’t immediately matched by an outstanding order on the books, you’ll pay the maker fee. If you place a trade order that is matched immediately with an outstanding order, you’ll pay the taker fee.
It supports many bots, such as Grid, DCA, rebalancing, arbitrage, etc. You can also benefit from low fees, high security, and great customer support on TokenTact. When the price goes up and down, it does the orders and makes money from the difference, multiplied by the leverage ratio. You can use this bot for volatile markets with clear trends and change the grid number, range, profit ratio, and leverage ratio.
The bot will skip that period and wait for the next one if the rebalancing amount is less than the minimum order value for that pair. If you have already created a grid and want to create the second grid, you can find the entry in ‘More’. Then the Cross Margin Futures Grids will be created, and you can see your grid on ‘my orders’ page.
For a full list of all the coins and their withdrawal fee, click here. 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. Suppose you are looking for a crypto exchange combining the best automated and manual trading.
- Strategies that are not well refined can fall victim to unpredicted market moves and find themselves unprotected.
- We will also review the TokenTact arbitrage bot and grid trading bot, alongside the trading platform, asset range and more.
- The platform’s maker-taker pricing structure ensures that your transactions will be completed with just 0.05% in fees, regardless of the number of trades you make.
- Our broker ratings are also informed by the experience of our researchers during the evaluation process.
- It has also been awarded an MSB license by FinCEN, and it offers two-factor authentication, including email and SMS authentication, on top of Google Authenticator compatibility, among other features.
You can easily list your trading bot on the TokenTact TradingView Marketplace. Yes, the 16 automated crypto trading bots available on the exchange are entirely free to use. Additionally, they are also cloud-based so you don’t need to leave your device on in order for them to work behind the scenes. In addition to trading bots, TokenTact also supports manual trading between some of the most popular cryptocurrencies. The Smart Trade terminal allows traders to set up stop-loss, take profit, and trailing in one trade.
You can use futures trading to bet on price movements or multiply your positions. TokenTact provides a very high level of customer service, which makes them highly accountable to its customers. Several alternative methods are available for getting in touch with TokenTact’s customer support personnel.
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 bot automatically invests for us using Buy-the-Dip to buy crypto at a low price and Covered Gain to sell crypto while earning passive yield. In this case, we set the target buy price of BTC at $16,500 and will sell it at $16,500 after successfully buying it. A： When you create the bot, the bot will use part of the investment to buy the spot and place sales orders based on the parameter setting. Since the bot is holding some of the spot positions, orders may fluctuate due to the crypto price change.
You can deposit all major cryptocurrencies and from recently, fiat as well via credit card deposits. That will cost you 3.5% for European deposits and 4.5% for non-European users. TokenTact has no monthly fee, but only a 0.05 percent rate as a trading fee. This means that if any one of the liquidation prices is triggered, both of your grids will be liquidated. Step 2, choose the futures you want, then click ‘add’ to set up a long grid or a short grid. Cross Margin Futures Grids are new type of grid bot launched on TokenTact.
With numerous trading bot choices available, what sets TokenTact apart as the optimal choice? Let’s delve into a comprehensive examination of the diverse services provided by TokenTact. The platform’s maker-taker pricing structure ensures that your transactions will be completed with just 0.05% in fees, regardless of the number of trades you make. TokenTact provides unskilled users with pre-built bots so that they may enter the market without having to go through the time-consuming process of creating their own bot first.
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