https://kryptotaglich.de/tokentact-review/ has obtained the MSB (Money Services Business) license from FinCEN (Financial Crimes Enforcement Network), which means it can legally operate in the US market. 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. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.
In particular, TokenTact has been regulated in both Singapore and the United States since April 2020, providing traders with peace of mind. The MSB (Money Services Business) license held by the platform is the same license that Binance, Huobi, and several other prominent exchanges have obtained. The strategy involves holding a short position in the perpetual futures market while holding the same size position in the spot market.
I play with a bunch of different bots at different times for different results. Customer service was great, helped me recover funds within days, not weeks. After depositing into your TokenTact account, you need to convert your coins to USDT if you wish to trade that coin.
Furthermore, no compensation shall be expected from TokenTact operators under such circumstance. Sometimes investors are optimistic about the price performance of specific coins in the future and run grid trading bots on these trading pairs. In this case, the universality of grid trading bots in different trading pairs becomes particularly important. This cryptocurrency arbitrage bot enables you to profit on price differences in multiple markets for an asset. Furthermore, this crypto arbitrage bot offers a comparatively greater return, which may reach 50%, and a reduced risk.
1.17 Place orders for the purpose of generating unnecessary volatility or creating a condition in which prices do not or will not reflect fair market values. You represent and warrant that you own all your User Content and/or you have all rights that are necessary to grant us the license rights in your User Content under this Agreement. 4.4 TRANSFERRING DIGITAL ASSETS INTO OR OUT OF YOUR ACCOUNT MAY BE SUBJECT TO LIMITS.
Create the AI grid bot on the 1st of each month and run until the end of the month. The principal of each backtest is 10,000 USDT, and the transaction fee rate is 0.05%. For long-term optimistic value currencies, long-term operation of AI strategies can obtain higher grid profit. If investors are confident about multiple currencies simultaneously in the short term, AI 2.0 has higher universality and can automatically adjust parameters according to the price fluctuation characteristics of the coin to improve grid profit. The profitability of the bots depends on many factors, such as how you set up the bot, what trading pair you choose, and how much risk you are willing to take.
However, the yield fell by 3.75% on February 2, while the AI 2.0 on the BTC/USDT trading pair fell by 2.55%. If the grid profits are relatively close, it is a more rational choice for investors to choose a trading pair with a lower maximum drawback rate to open AI 2.0. When investors choose a trading pair to https://tokentact.net/ open AI 2.0 and pay attention to the annualized profit of the grid in the past seven days, they should also pay attention to the Maximum drawback rate indicator. If the maximum drawback rate is too large, there is a higher risk of opening AI 2.0 on this trading pair, and the investor should be more careful.
TokenTact offers the following benefits to its users that may not be found with competitors. Customers may check the firm’s security track record by going to their website and checking the counter on the main page. The platform has now been in operation for more than 980 days without experiencing a security breach of any kind. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare TokenTact with the top 3 similar brokers that accept traders from your location.
- All claims you bring against us must be resolved in accordance with this Agreement.
- Our TokenTact review will help you learn more and decide if you’ll benefit from opening an account.
- However, the platform only supports crypto-to-crypto trades; unlike some other exchanges, you cannot use fiat currency via a credit card or bank transfer to fund your account.
- If you’re a very high-volume trader, you might want to apply for TokenTact’s Market Maker program.
- For the purpose of capturing fluctuation profit, this bot buys DCA and sells it once to benefit from price volatility.
TokenTact only accepts deposits in cryptocurrencies, though 40 different digital currencies are supported, including Ethereum (ETH) and Bitcoin (BTC). When using the platform, your wallet must remain free of fiat currency. Stablecoins, such as USDT, are also supported, providing a good option to avoid price fluctuations between exchanges and limit the possibility of account capital dropping.
You agree and consent to receive electronically all communications, agreements, documents, notices and disclosures (collectively, “Communications”) that we provide in connection with your Account and your use of the Services. You may update your information by contacting Customer Support at You may be asked to provide personal information to verify your Account. All such terms which by their nature should survive, will survive the termination of this Agreement. You shall complete the registration and identity verification for your TokenTact account, before you may conduct Fiat Trading.