If you have no background in cryptocurrency or trading strategy, we highly recommend going through the trading school courses. These courses will help you figure out which parameters to set for both manual and automatic trades. Take time to compare the pricing of each plan to the activity in your portfolio. Advanced traders can afford to (and should) spend a little extra money to get the services they need.
The maximum amount of safety orders that can be placed and executed for one deal. Here you can give your bot a Name, choose the Exchange and choose the Bot type. This article is valid for both creating a new DCA bot and editing the existing bot. The settings page has several sections that tokenizer360.org can be rearranged according to your preferences. Having looked through the different coins and applied the basic technical analysis skills, we decided to focus on the ZRX/USDT pair. High volatility leads to higher risks but also opens up more opportunities for earning while trading.
For better understanding, review the following animated demonstration.You’ll notice how Trailing Buy follows the market’s price down until it rises to the required percentage set by you. Most of these security measures are offered through a partnership with online security service provider Cloudflare. Within the accounts page, locate the particular exchange to which you wish to deposit funds. The chart below displays the BNBUSDT trading pair on Binance and the formed flat triangle is indicating an upcoming breakout. Entering at a breakout is typically not the best strategy whereas buying at a retest is the “choice of champions”.
As for offers and bonuses, you should keep checking the Tokenizer360 website regularly. However, the 10% discount on the monthly plan for every successful user integration via the referral link is always active. Plus, if a new user who joined using your link purchases any paid plan, you receive a redeemable bonus as well. While trading can have many benefits, trading is also inherently risky. Those who are interested should keep in mind that research suggests that 70% – 90% of traders lose money. Therefore you should always remember to mitigate risk whenever possible and trade responsibly.
The portfolio is beneficial so traders can monitor their investments and keep track of their transactions. Tokenizer360 is a platform for managing crypto trades providing bots that are excellent at lowering average acquisition costs, which immediately raises your profit margins on each deal. It offers comprehensive Portfolio management, Grid bots, DCA bots, Options bots, Futures bots, HODL bots, Scalper Terminal, and futures bots, all from a single, practical interface. Use tools that protect your funds from the technical manipulations of other traders. Take profits in parts, minimizing loss risk in case of a trend change. Tokenizer360 is an online cryptocurrency trading platform headquartered in Tallinn, Estonia.
This will prevent the bot from immediately executing the Stop Loss order and can be useful to prevent the bot from closing a deal due to erroneous candle wicks or Stop Loss “hunts”. If the coin price drops to or below this level, the bot will perform the selected action. The bot calculates the stop loss level from the base order price and not the deal average price. If you create a bot on the Futures market, the Base order size (and the Safety order size, as well as Manual SO) will already include the leverage.
Once done, they can relax as the best crypto trading bot handles the further process. Tokenizer360 is a comprehensive cryptocurrency trading platform that allows automated trading bots, tracks and copies trades of traders, and creates and monitors the best portfolios of platform users. Tokenizer360 is one of the safest crypto trading platforms mainly because it does not take custody of its users’ assets. Instead, it leverages the integration of API accounts to access exchange accounts and execute remote trading orders.
- Eight years into our journey, we hold steadfast to the principles that have fueled our success.
- The platform offers exact features of real accounts on demo accounts as well.
- As the industry has grown and evolved and the competition has become stiffer, Tokenizer360 has been actively innovating by introducing newer products seeking to maintain its market position.
Simply put, Tokenizer360 has a crypto trading bot for every season, ensuring that traders can ride the bullish, bearish, or even sideways market with the same precision. Even top exchanges like Binance have dedicated bots to help automate trades, place quick buy and sell orders, and do much more. But what if a trading platform offered a smorgasbord of these bots, one suitable for every occasion?
Start small, only invest money you can afford to lose and increase spending as your portfolio expands. As long as you are using a third-party cryptocurrency exchange that supports short sells, the SmartTrader platform allows you to install pre-defined short orders. Instead, you can set-up a single order via your Tokenizer360 portal, which will then execute your chosen order when the pre-defined conditions are met. In total, you can link your trading bot with 13 leading cryptocurrency exchanges, which includes the likes of Binance, KuCoin, BitFinex, Coinbase Pro, and BitMEX. Users have the liberty to tailor their trading strategies, adjusting parameters to fit their risk tolerance and investment goals.
We set the grid so that the lower and upper grids hit the lower price and the upper price of the channel. This way, the price movement in the grid will hit each level as often as possible. If the 4-hour timeframe is not convenient, you can choose a 15-minute timeframe for accuracy (it matters if the grid is not as big and its width is less than 1%). To do so, go to the GRID bot page or (whatever is more convenient for you) and start viewing the charts of different coins.
This makes it possible to not only track and measure your own portfolio over time but compare your strategy and results to other traders and even copy their portfolios while learning from them. The Tradingview signal finder can scan the crypto markets by the micro-seconds, looking for potentially profitable trade setups and notify you when they arise. Dollar-cost averaging has been shown to provide investors with a better entry price on average over time. This HODL bot is great for long-term investors who use a DCA strategy to lower their average entry cost over time.