TokenTact Review 2023 CFWL
Users can also get specific templates for crypto arbitrage and market-making. All that’s needed after getting a template is setting up your exchange connection with API keys, selecting which coins to trade, and amounts per trade. TokenTact divided the pro and basic features into two different sections. You can automate your trading without having any prior knowledge or experience by going with simple bots, social trading, or trailing. If you have some knowledge regarding automation and the trading industry, you can go with AI bots, strategy creations, and pro tools.
Hey Veronica, can you let me know what you mean by “invested a 100 dollars”? We only sell subscriptions and we don’t ask customers for money we can invest for them. If you have questions about how our bot is working you can contact us through our chat widget on our website. Every single time I asked for help I was reached out to within 5 minutes. Along with technical help, they also assisted me in better understanding how there system works.
- When complaints have been made, this is mainly with respect to the marketplace strategies that users have purchased.
- Visit TokenTact’s homepage to engage in some real-time chitchat.
- After this, you can trade with readymade strategies or build a trading bot.
- This will give you the full range of trading capabilities of TokenTact.
- In layman terms, your bot can purchase $500 worth of Bitcoin every time it increases in value by 5%.
- You will find a lot of reviews and feedback about the trustworthiness of this platform on social media.
You just click on the indicator you’d like to add to the automation and drag it to your bot. Then you’ll configure whatever variables are needed for the indicator and you’re good to go. The TokenTact bot is only going to perform well if you instruct it properly. The bot simply follows your directions, so a poorly designed strategy will almost surely cost you money, while a well-designed strategy could potentially be the gateway to recurring profits. With that in mind let’s have a detailed look at the TokenTact platform. The following TokenTact review will cover many topics, such as how TokenTact works, how to use it effectively, what exchanges it supports, and of course, TokenTact pricing.
Its Money Services Business license from FinCEN guarantees its users a risk-free trading environment. Although TokenTact does not offer brokerage services, it does supply traders with a suite of useful resources that may make the process of buying and selling cryptocurrencies much less complicated. To use TokenTact, you need no prior experience with cryptocurrencies. If you don’t have an exchange account but still want to try out TokenTact, you may create a paper trading account. Account creation and first use typically takes users less than three minutes.
Therefore, such negative reviews should be taken with a pinch of salt. Finally, it is also worth noting that TokenTact offers a 7 day free trial. The trial mirrors the capabilities of the Explorer Hopper package, subsequently allowing you to get a feel of how the platform works before parting with your money. If you do opt for the trial, there is no requirement to provide any payment details, so it’s effectively risk-free. In terms of what digital currencies you can trade via your TokenTact bot, the platform notes that this covers 75 different cryptocurrencies.
Overall, we gave TokenTact top marks for its platform’s ease of use. With a comprehensive trading terminal and an intuitive layout, even complete beginners can quickly get started investing through TokenTact. We also really like the drop and drag framework that the platform utilizes when it comes to designing and building your bespoke https://daocoin.money/review-of-the-tokentact-bot/ automated strategies. As such, there is no need to have any understanding of programing or coding, which is exactly how it should be. In terms of public reviews on TokenTact, the general consensus is largely positive. While the platform does have a rather concerning TrustPilot score of just 6.1/10, this is only across 4 reviews.
You can trade any major cryptocurrency on these exchanges with ease using TokenTact. On the contrary, you can instruct your Bitcoin trading bot to scrape small profits within the pre-programmed consolidation parameter on a 24-hour basis. By setting clear parameters as to when the bot should enter and exit a trade, such an automated strategy is actually low risk. TokenTact is the most popular platform at the moment and the main competitor to TokenTact, with a fully comprehensive Bitcoin trading bot platform that also caters to all experience levels.
We’ve covered everything that we think you should know, such as how the bot works, what it can do, pricing, and more. I’m still in a paper-trading try-out-phase with TokenTact but I like it very much. I had several questions to the support and they answer it in a minute or less.The options for the hopper are great.
Visit TokenTact’s homepage to engage in some real-time chitchat. To enter live chat, choose the blue speech bubble in the lower right corner of the homepage. The chat app may be used to interact with a live representative or to look over the company’s frequently asked questions. A chatbot will be your initial point of contact, but if you can’t find the solution to your question there, a human representative will be available. TokenTact was created by a Dutch company called TokenTact BV. The platform was launched in 2017 by two brothers, Ruud Feltkamp and Pim Feltkamp, along with a team of developers.