Exploring TokenTact
TokenTact is an online platform that aims to make algorithmic cryptocurrency trading accessible to all skill levels. The Germany-based startup enables anyone to build, test, and execute trading bots through their cloud-based web app.
As seen on
Sophisticated Bot Building
Combine limitless modules and 150+ indicators to create elaborate bots catered to any strategy.
Backtesting and Optimization
Assess bot performance across years of historical market data to identify effective strategies.
Paper Trading
Simulate live trading risk-free to refine strategies before investing capital.
Copy Trading
Duplicate strategies from top-performing traders on the platform’s global leaderboard.
Collaboration Tools
Use built-in communication features to share strategies and signals with other traders.
Exchange Integration
Support for connecting to accounts on platforms like Binance, Bitfinex, Kraken and more.24/7
Automation
Deployed bots execute trades around the clock according to configured settings and algorithms.
Opening a TokenTact Account
Registering for a TokenTact account is simple – just provide an email and create a secure password. No personal details required initially.
Traders can operate risk-free via unlimited paper trading accounts. Upgrading to live trading requires ID verification and exchange API connections.
TokenTact also offers free live trading up to $1,000 which helps beginners evaluate the platform before paying subscription fees that scale based on usage.
Assessing TokenTact’s Security
From our testing, TokenTact appears to implement robust security measures:
- Uses HTTPS encryption across the platform
- Stores API keys securely without access
- Supports 2FA authentication for account protection
- Provides paper trading and other tools for risk mitigation
However, users should still exercise sound trading practices regardless of platform. Never invest more than you can safely afford to lose.
Supported Exchanges and Assets
TokenTact integrates directly with 10+ exchanges including Binance, Coinbase Pro, Bitfinex, Kraken, KuCoin, FTX and more. This allows trading across hundreds of currency pairs.
Key supported assets include Bitcoin, Ethereum, Litecoin, Cardano, Solana, XRP and most major cryptocurrencies and stablecoins. Asset diversity helps enable varied trading strategies.
Our Verdict on TokenTact
For traders seeking an accessible platform for developing, testing and deploying algorithmic crypto trading bots, TokenTact delivers solid functionality. The robust bot builder, backtesting suite, paper trading capabilities, and exchange integrations provide clear value.
However, traders should be comfortable with technical analysis to maximize results, as TokenTact provides limited educational resources or trading signals compared to some competitors. Active community forums help offset this limitation.
For coders and non-coders alike pursuing customizable automated trading, TokenTact is shaping up as a leading option – although conducting one’s own due diligence is still advised. Approach initial bot deployments cautiously and scale up gradually based on empirical performance data.
How TokenTact Enables Automated Crypto Trading
The web-based platform provides an intuitive interface for constructing customizable trading bots without coding required. Users can combine technical indicators, trading signals, order types, and other building blocks.
Once assembled, bots can be backtested against historical data to gauge viability. TokenTact provides simulated paper trading to refine strategies risk-free.
When ready, bots can be linked to supported exchanges like Binance and Kraken for live automation. The platform handles execution and monitoring while traders oversee performance.
We found the bot builder intuitive with room for advanced configurations. TokenTact aims to balance ease-of-use with flexibility – a benefit for traders of all skill levels.
FAQs About TokenTact
What is TokenTact used for?
TokenTact enables building, optimizing and automating crypto trading bots through their cloud-based platform. No coding required.
What programming language does TokenTact use?
The visual bot builder does not require any traditional coding. Modules are configured through the web UI and processes are handled in the background.
What fees does TokenTact charge?
Access is free up to $1,000 live trading. Subscription plans from $15-$100 monthly provide higher limits based on usage.
Can I use TokenTact on mobile?
TokenTact is web-based with no official mobile apps, but the platform supports mobile browsers for on-the-go access.