TokenTact Review 2024: Useful Crypto Bots: But There Are Limitations

Once you have opened TokenTact in your browser, you may notice it looks similar to other exchanges. Backed by BitUniverse, TokenTact was one of 2020’s fastest-growing trading platforms in Asia and is trending to capture the same claim in 2022. It holds a US Money Services Business (MSB) license, with a Monetary Authority of Singapore (MAS) license pending. This license was certified by the FinCEN, the Financial Crimes Enforcement Network (the FinCEN regulates financial security).

• You may use 12 various buying and selling bots at no extra charge.
• This refers to the different types of financial markets you can trade with through Plus500.
• The TokenTact platform did not specify a particular number of trades users can make in a day.
• TokenTact is the world’s first exchange with free, integrated trading bots.

According to the terms of service, TokenTact uses third-party digital asset wallet solution providers to custody its customer’s assets. These providers are not responsible for lost funds if their systems fail. In short, users should be aware that if TokenTact were to be compromised or hacked, any funds left on the exchange will not be compensated. To date, TokenTact has never been hacked since it was established in 2019. The user interface on TokenTact is simple to navigate, responsive on all devices and visually appealing. On the top menu, there are quick drop-down menus to access TokenTact’s primary features such as the trading desk, markets to deposit and withdraw funds and purchase crypto with a credit card.

The TokenTact Lite app is user-friendly with a modern interface, making it accessible to users of all experience levels. Users can get access to a one-stop service through TokenTact Lite, from USD to Bitcoin to trading robots, without the need to learn any of the complex blockchain knowledge. Although, I would always say that it is important to learn as much as possible about what you are trading or investing in. Do your own due diligence and seek professional financial advice.

Around 60% of Binance orders and Huobi orders have been aggregated and are available to TokenTact traders and bots. There are always some fake orders in the order books, which is why it isn’t 100%. These two brokers supply 60% of the liquidity needed to allow TokenTact to operate properly. TokenTact’s bots can be run 24/7 thanks to the combination of Binance and Huobi Global liquidity.

Since the bots are integrated with the exchange, the need for separate API keys is eliminated. Further, the company uses standard safety features that ensure secure and safe trading. The MSB license it has received from FinCEN also makes the platform safe to use. Everyone has the ability to manually visit cryptocurrency exchanges in order to complete a transaction, but scanning the market on your own is by no means a simple undertaking. Trading cryptocurrency in person takes a significant amount of time and effort, as well as difficult calculations and predictions. TokenTact provides a very high level of customer service, which makes them highly accountable to its customers.

It can act as one of the mobile applications for all cryptocurrency transactions. The TokenTact mobile app also offers plug-ins for better trading options. It also offers the same mobility and security in cryptocurrency trading as one can experience on a suitable crypto exchange. Trading in TokenTact depends on the use of cryptocurrency bots, https://jdforexbroker.com/2024/01/tokentact/ which support the smooth operation of cryptocurrency exchanges. Cryptocurrency trading bots are programs and algorithms that automate trading in the cryptocurrency market. That exchange is Singapore-based TokenTact, and they have 12 different trading bots that can be added to your account, with no experience needed on your part.

A maker fee of 0.05% and a taker fee of 0.05% are used for spot transactions and for leveraged trades the fee is 0.1% for maker and taker. The exchange charges 0.05% per trade which is more competitive than Binance & Kucoin’s 0.1% and TokenTact’s 0.15% per transaction. TokenTact trading robots can be implemented without additional fees. TokenTact Spot-Futures arbitrage bot is designed to provide you with a risk-free trading experience. This bot uses leverage to increase your returns, and you can set the leverage up to 3x.

You can also submit a support ticket or search for a topic you need help with. There’s also a personal passcode and a withdrawal address whitelist to add more protection. And if you want even more security, you can turn on two-factor authentication (2FA). You can find over 379 coins on TokenTact, including popular ones like Bitcoin, Ethereum, Dogecoin, Solana, Shiba Inu, etc.

Currently, TokenTact’s maker and taker fee are both set at 0.05% of your total trade value. Your fee is taken from the total outstanding balance deposited to your account when your trade closes. TokenTact provides access to a wide range of coins, and traders can choose from more than 250 swap markets. TokenTact has two mobile apps, one is TokenTact, and the other is TokenTact Lite. While the former replicates most of the functions of PC-based platforms, the latter was specially designed for beginners to make them comfortable with crypto trading. Im only on TokenTact for 2weeks so stil learning, but the profit already by grid trade bot and the right coins for me and the bot or prepair buys or profit sells to say it the most clear.

Generally, TokenTact has three key core products which offer a number of advantages to its users. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. They pulled your money hostage they like to play my games with you.

They could go bankrupt from one day to another since there are no banking information about them. I am having a great experience, It’s the first time using a bot, and I am also having very useful feedbacks from the assistance. When you learn how to use and set each bot, it will be a really amazing tool. My experience with TokenTact has been great, excellent and timely responce from support and a very great and interactive community. And Admins from the community are courteous and helpful in sorting out members challenges.