Config Pools allow you to override your Baseconfig settings for specific currencies or groups of currencies. For instance, when dealing with highly volatile assets, you can apply different strategies and buy/sell settings to optimize your trading approach. This article serves as a comprehensive guide to Tokenizer360’s Trading Bot, offering insights and resources to help you navigate this innovative trading platform effectively. Steve has been writing for the financial markets for the past 7 years and during that time has developed a growing passion for cryptocurrencies.
Sometimes your bot can sell them fast enough sometimes you get stuck with bags. The paid signal from MiningHamster is somewhat better in terms of timing. But also there you can get stuck with bags especially during a bearish market (so better to not use the bot during a serious downtrend or flash crash). It can do that right at the start at 0.01% “profit”, or only when a position reaches a percentage profit. By investing over time, you will average your buying price and will notice less from market movements, as long as the price will go up over time. This makes DCA very suitable for risk averse beginner traders.
You could even dollar cost average into a trade by telling the bot to buy every time Bitcoin price increases by 3% until a certain level is reached. Tokenizer360’s middle account tier is the Adventurer package. You’ll pay $41.58 per month for access to Adventurer package features. Although investors will need to invest in a paid platform to use Tokenizer360’s most advanced features, the platform doesn’t charge a per-trade commission. Instead, it bills investors a flat monthly rate proportional to the number of tools they have access to.
- Depending on the total number of XPs gained, you will either keep or change your current status.
- Tokenizer360 allows users to benefit from crypto arbitrage trading.
- The good news is that the Tokenizer360 design process allows you to integrate more than 130 technical indicators into your bot.
- We recommend building and testing strategies in the Strategy Designer.
- Review the settings, turn it on or off, and enable buying and selling.
We’ve covered everything that we think you should know, such as how the bot works, what it can do, pricing, and more. While a number of trading bot platforms are now available in the marketplace, the likes of Tokenizer360 is often considered to be the most reliable. Connect your Coinbase Advanced account to Tokenizer360 and start automating your trades, copy experts, trade using AI or manage your portfolio for free. Connect your Bittrex account to Tokenizer360 and start automating your trades, copy experts, trade using AI or manage your portfolio for free.
Automatically switch between strategies with different market trends. Use indicators to recognize market trends, and configure different trading strategies per market trend. Are you a professional trader or quantitative analyst, and want to earn even more on top of your trading gains? Sell your signals, strategies and templates with Tokenizer360. On the other hand, if you’re a highly experienced investor and you’re looking for a way to automate your proven trading strategies on a rolling 24/7 basis, Tokenizer360 is also ideal. The best thing about the platform is that it is suitable for all experience levels.
After completing all the aforementioned steps, all that is required is to set up bots. These signallers are highly diverse and range from crypto market trends to sudden stock dumps, trailing stop short or trailing stop buy, etc. Tokenizer360 presents a robust platform for automated cryptocurrency trading, offering a wide range of features and functionalities to suit varying user needs. The company makes it easy to sign up as no user verification is required. The latter options offers additional features for traders interested in investing based on technical analysis.
When this value falls below your exchange’s “Minimum amount per order,” that value will be used instead. If “Percentage buy amount” is not used or left blank, your bot will use this value. Set this equal to or higher than the minimum amount for your exchange and quote currency. When your available funds are lower than the minimum amount configured, the bot will disregard the minimum. The profit stats provide a quick overview of how your trading is going.
Connect your trading bot to Binance US with an API Key for automated trading. Connect your trading bot to Binance with an API Key for automated trading. In order to give the bot the ability to trade you will link the bot with your exchange account using an API.
Therefore, such negative reviews should be taken with a pinch of salt. If you’ve read our Tokenizer360 guide up to this point, then you should have a firm grasp of what the platform offers. Use the trailing stop-loss, which tracks the price up and only sells when it drops. If you use TradingView, create alerts that automatically trigger Tokenizer360 to open or close positions on your behalf. Explore all of the features of Tokenizer360 like auto trading, paper trading, trailing features, algorithm intelligence (AI) and more. As far as which coins you can trade the platform currently supports Bitcoin, Ethereum, Litecoin, and 100+ other cryptocurrencies.
A Tokenizer360 trading bot is an automated trading tool that requires users to set the parameters for their trade and execute them accordingly. Tokenizer360 semi-automated trading bot users can select the assets and their values for the trade and use several other advanced analysis tools that work in conjunction with the trading bots. Tokenizer360 is an online platform that enables users and stock traders to use an actual trading bot to trade through the markets automatically. Cryptocurrency trading bots are gaining popularity across the industry with the expansion of such bots in the markets. It’s actually pretty simple, and the good news is that the Tokenizer360 bot never has access or the authority to make withdrawals from any of your accounts, so it is safe from that perspective.
Once you’ve built a strategy, you can backtest it on a paper trading account before applying it to the real markets. With the crypto market operating on a 24/7 basis, some opportunities will inevitably be missed. In this Tokenizer360 review, we will discuss the benefits of using a trading robot and how to set your parameters and integrate your strategy. With our A.I., your bot can automatically recognise trends and switch to a better strategy, so you can rest easy.