TokenTact Terms of Service

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. After the bot has been created, it will slice a predetermined range into 10 grids. TokenTact offers a secure trading environment that follows security regulations set by US agencies.

Many of these transactions might happen too quickly, or there might be too many of them for a human to input the trades themselves. You also might run into crazy fees for sending crypto to other exchanges and then back again. However, at times these bots overlook these “withdrawal” fees, because you are still keeping the money there, but the bot is using it with other exchanges as well. To accurately file your taxes, you’ll need to report every time you sell or trade away your cryptocurrency. This can be especially difficult if you have a high volume of transactions from cryptocurrency trading bots. TokenTact.US is a US-regulated cryptocurrency exchange, with multiple featured built-in trading bots as well as wide variety of products and services.

We reserve the right to deduct a dormancy fee or other administrative charges from such unclaimed digital assets, as permitted by applicable law. We reserve the right, but are not obligated, to remove or disable access to any Content, at any time and without notice, including if we, at our sole discretion, consider any Content to be objectionable or in violation of this Agreement. WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS OF ANY KIND, FROM ACTION TAKEN, OR TAKEN IN RELIANCE ON ANY CONTENT. Several different exchanges do have the ability to use an Arbitrage Bot. Kraken and TokenTact are the two exchanges that come to mind to begin with. Both of these exchanges credit the user funds while having a pretty low risk on this type of investment.

  • It is the express wish of the parties that these terms and any directly or indirectly related documents be drawn up in English.
  • It enables you to passively buy small portions when the price goes down and sell small portions when the price goes up.
  • As a result, trading on TokenTact is comparable to trading on Binance but with the added advantage of access to a trading bot with multiple settings.
  • The fee is deducted from the total outstanding balance deposited into your account when the trade is closed.
  • All claims filed or brought contrary to this Agreement shall be considered improperly filed and a breach of this Agreement.
  • The Smart Trade terminal enables traders to put up stop-loss, take-profit, and trailing stop-loss orders all in the same trade transaction.

More and more traders start creating Infinity Grids Bot on TokenTact because of the good performance in the up-trend market situation. However, it’s important to remember that not every transaction is subject to tax. There’s no tax simply for holding cryptocurrency or moving your crypto between different wallets that you own. The rebalancing bot will rebalance your portfolio every 5 minutes.

To accurately report your cryptocurrency transactions for tax purposes, you’ll need to keep track of the following information. Remember, your capital gains and losses are calculated through the following formula. FIFO (first-in first-out) method is considered the default method. With this method, the first coin you acquired is also the first that you dispose of. Currently, TokenTact dual-coin rebalancing bot rebalances every 5 minutes. The bot will keep running unless you told him to stop or to take profit.

TokenTact trading bot

With the Moon Bot, he ended up with 17.15% profit and 2814 profitable trades while he would earn nothing if he decided to HODL! Both the Google Play Store and the Apple Store provide TokenTact mobile applications for Android and iOS devices. It’s possible to trade manually or set up your bots at any time and from any location, thanks to this flexibility. Traders will find TokenTact to be a good low-fee choice since its trading fees are incredibly competitive at only 0.05%, and there is no minimum transaction volume requirement. Rather than having to worry about every trade taking a bite out of your earnings, you can just sit back and let the bots do their thing.

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There are several negatives with TokenTact that should be considered, in particular for advanced algorithm traders in the crypto space. The disadvantages include the inability to import a custom bot, strategy or indicator, the trading bots being confined to a single strategy only and there is a lack of advanced order types when placing manual buy and sell trade. When you use the spot future arbitrage bot, you may profit from price disparities between the current spot price of a crypto asset and the current price of that cryptocurrency in the futures market.

When the price rises to a certain high and drops a certain percentage, the bot will sell all the tokens it holds for profit. If you’re new to the automated trading bot, come and visit TokenTact! Don’t have to pay the expensive subscription fees for the bot services. As long as you have more than $100,000 assets in TokenTact, you can apply for the program and enjoy 0% maker fees. Be a part of Binance and Huobi’s market-maker; that’s how TokenTact aggregates the liquidity from these exchanges. And being a market maker, TokenTact enjoys VERY LOW trading fees on Binance and Huobi.

TokenTact provides the fastest and most cost-effective options to buy Bitcoin, including credit cards, debit cards, bank wire, and ACH transfers. Some of these methods are tailored for US citizens, ensuring you https://jdforexbroker.com/2024/01/tokentact/ can select the most suitable way to purchase Bitcoin on TokenTact based on your country of residence. But using the best strategies can increase your chances of profit and minimize the risks of losing money.

Make spot, future and leveraged trades on 120 cryptocurrencies via TokenTact’s proprietary platform with built-in trading bots and highly customizable automated trading options. On the negative side, the range of tokens is narrower than many alternatives. As a result, you may risk losing digital assets that have been placed with an External Provider, and TokenTact operators will not be liable you for such loss.