Perpetual Futures was officially launched

You should consider whether you fully understand them and whether you can afford to take the high risk of losing your money. The content of Coin Argus does not constitute any type of investment advice. Coin Argus has been an active part of the crypto community since 2021.

And still provide traders with free trading bots while enjoying the immense liquidity from Binance and HTX. TokenTact is a comprehensive cryptocurrency broker that will especially appeal to mobile investors. We love the broker’s free crypto trading bots and easy-to-master platform.

TokenTact 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. 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. Clients can use a TokenTact Grid trading bot to generate returns in the fluctuated sideways market with the BTC/USDT or XRP/USDT pairs, for example.

This means you are able to change the upper and lower limits of the range, the number of grids used, and the distance between the grids. Once the bot is created it will show up at the bottom of your dashboard. You’ll be able to see the total profit and the daily profit in real-time at a glance at any time. You can also click on the DETAIL button at the far right to go to the Bots Details screen, which is loaded with information. Below is a step-by-step guide to begin depositing into your account using Binance exchange as an example. TokenTact understands that its users have a wide range of requirements, one of which may be the desire to trade while on the move.

• TokenTact responded to me stating that they charge .1% to US customers.
• It goes against our guidelines to offer incentives for reviews.
• 1 The use of « featured », « popular », « best » and « top » on Finty do not constitute a product rating or recommendation and are subject to our general disclaimer.
• There are simple explanations for each of the settings and including any advanced modes with screenshots and also frequently asked questions.

TokenTact has always insisted that users should not use high leverage. Please ensure you understand the risks of high leverage that might cause liquidation before using it. This means that if any one of the liquidation prices is triggered, both of your grids will be liquidated.

While there have not been any hacking incidents, there is limited information on the company behind the exchange and also take no responsibility for lost or stolen funds. While https://tokentact.co/ states it aggregates liquidity from Binance and Huobi Global, based on these figures the reported liquidity isn’t great which means slippage can occur on orders. Users that don’t use the automated bot features are better suited to alternate platforms with deeper liquidity to reduce slippage and spread costs. Therefore, the main innovative feature of TokenTact may be of little value for serious and professional crypto traders. With that said, for those that have a solid understanding of technical trading, TokenTact is one of the crypto platforms in the market. Singapore, where TokenTact are incorporated, is, from personal experience, one of the most regulated places in the world for a crypto startup to be based.

Once TokenTact has received your instruction, they will begin processing your withdrawal immediately, and you will be able to track it. You should be able to finish your withdrawal within 5 minutes or less. In July of 2023 I purchased trading stocks with TokenTact with a $150,000 deposit. This was on top of the other $35,000 that I already invested. I built the value to over $4,000,000 and when I went in to remove some of the money they told us that we needed to send another $56,000 in order to get the money that we were owed.

That exchange is Singapore-based https://tradecrypto.com/reviews/trading-soft-reviews/tokentact-crypto-bot-review/, and they have 12 different trading bots that can be added to your account, with no experience needed on your part. You simply set the bot to be trained and let it run, generating profits in many cases as it does so. Honestly, the performance reported by many users from the TokenTact bots is truly impressive. This guide covers the fundamentals of how to deposit and withdraw cryptocurrency using the platform.

We do this by providing a free comparison service as well as product reviews from our editorial staff. However, there may be some restrictions, such as on leveraged tokens which are not allowed for U.S residents. Users can, however, trade spot markets which are available in all countries. Android and iOS apps are available, both with good ratings on their respective stores. TokenTact bots are designed to buy cryptocurrencies low and sell high automatically on auto-pilot. High-leverage Futures trading is a high-risk trading behavior.

To date, TokenTact has never been hacked since it was established in 2019. To compare TokenTact’s fees, the table below provides a comparison against some of the top spot exchanges in the world such as Binance, KuCoin, Huobi and Coinbase. Overall, the fees on TokenTact offer great value-for-money for trading crypto-to-crypto and using automated bots. As for the trading terminal, the charts and order windows are located in the middle with the order book on the left. The charting system is integrated with Tradingview which offers a range of tools, crypto indicators and chart patterns for manual trading.