Within Cryptocurrency markets, the price can easily touch your TP level and go back down due the volatility of this asset class, which is why the deviation is how much your profit could be sacrificed. Trailing Take Profit is not recommended for illiquid markets, especially if you are trading with large order sizes, as slippage can occur when closing the deal with a Market Order. Learn Profitable Crypto Trading and receive our free resources to master automated bot 🤖 trading strategies. Do come back and share your review of Tokenizer360 and let us know if you are using any other Crypto trading bot and your experience.
Since its launch, Tokenizer360 has not reported a significant security incident. It has taken the necessary measures to ensure the security of its systems and users’ accounts, including using Cloudflare as a security provider. It also provides essential safety tools such as 2FA to its users to help secure their accounts. The bot trading service also offers a 3-day Pro package trial to all new sign-ups without requiring any payment information. Even though Tokenizer360 comes with a free or, rather, a Junior plan, you can leverage most of its features with the paid plans. The most affordable one has to be the starter plan, which is priced at $22 if paid yearly.
If you have a separate TradingView account and create custom trading signals through that platform, you can also import them to Tokenizer360 with an Advanced plan. The Starter plan costs $14.50 per month (paid annually) and includes the Smart Trade manual trading terminal, but no automated trading bots. Manual trading is also possible on the Tokenizer360 crypto bot platform, where traders can manually open and close their positions based on predetermined algorithms. Manual traders can use the Tokenizer360 Smart Trade terminal to consolidate their information and set up alerts to avoid missing profitable opportunities.
- They adhere strictly to predefined algorithms, eliminating the influence of emotions such as fear and greed, which often lead to impulsive and irrational trading decisions.
- Ultimately, it might be worth testing the platform out for yourself via the free plan before making a commitment.
- The idea is to ensure that new and advanced traders can implement strategies from the Tokenizer360 interface to make profitable trades.
- Tokenizer360 employs a flexible referral model, allowing users to increase their profit share by up to 60%.
- These people live, eat, and breathe the markets, as well as have access to insider information and data not available to retail investors.
You can use this to add Safety Orders to Dollar Cost Average or add funds to a winning position and increase the trade size. You need to edit the message and specify the exact amount of Base currency to add (so if you are trading BTC/USDT the Base currency is BTC). ℹ️ As part of the Account Deletion process, you will automatically be emailed a link to download a copy of the Personal Data held by Tokenizer360 for your user account.
If you want to utilize automated bots within your trading strategy, then the cheapest package available is the advanced package. At a cost of $37 per month, you’ll have direct access to the TradingView pricing signal feature. So now that we’ve covered the basics, in the next section of our Tokenizer360 review we are going to explore how the automated trading bots work in more detail. In fact – and as we will discuss in more detail further down, the capabilities of your custom trading bot can go far and beyond just market orders.
The role of the trader is to specify the asset’s price range, including minimum and maximum values, the number of price levels, and order size. The platform uses Application Programming Interface (API) keys to interact with their supported exchanges. The API keys help them identify the correct exchange to connect to. Since Tokenizer360 does not request your credentials and cannot start withdrawals, all your transactions are legit and safe. Traders should be able to find help increasing their cryptocurrency investments in every market situation.
If you are thinking about using Tokenizer360 for your automated trading endeavors, then we would suggest reading our comprehensive review first. We’ve covered everything from how the bot works, what it allows you to do, pricing, and more. Its security measures are sufficient for safe trading, but all users still need to stay vigilant against attacks such as phishing.
Your ai crypto trading bots aren’t limited to Mon-Fri normal business hours to open deals. You can set up bots to operate under almost any contingency, whether it’s a flash crash or the market shooting to the moon. Tokenizer360 is relatively intuitive to use, making it a good option for crypto traders trying out trading bots for the first time. In addition, Tokenizer360 works with most major cryptocurrency exchanges and offers a spot trading interface that adds risk management tools to manual trades. Tokenizer360 is excited to provide the best Gemini trading bots via an advanced management interface to enhance overall trading experience. With Tokenizer360’ state-of-the-art trading bots you can create your own automated trading strategies based on signals and a range of advanced order types that are not offered on Gemini directly.
This means you may be offered different plans compared to other users. Download the mobile application, track strategy statistics, launch bots, and close orders. Whether you’re at home or on the road, manage your positions anywhere. Winning trades is the goal, and Tokenizer360 is your all-in-one tool to achieve it.