You can use the rebalancing bot if you are positive about many coins simultaneously and are prepared to retain coins for the long term to obtain total trade value appreciation. One of the most basic trading methods is DCA (Dollar Cost Averaging). DCA is a method in which the investor regularly purchases the same dollar investment. The purchases are made regularly and at predetermined times, independent of the asset’s current price. The Tokenizer360 trading bot allows you to select one of the five time intervals listed below for the DCA strategy. Most of the Binance trading bots, KuCoin trading bots, or Coinbase trading bots connect using API keys.
Generally, bots are complex, requiring client programming and coding knowledge, so the lack of setup required for Tokenizer360 bots is a unique advantage. Tokenizer360 is able to take advantage of the high degree of security offered by exchanges like Binance and Huobi by keeping its funds on their platforms. It has also been granted a Money Services Business (MSB) license by the Financial Crimes Enforcement Network (FinCEN) and has gone over 900 days since its inception without any security breaches. The time-weighted average price algorithm also known as TWAP, is the simplest traditional algorithmic trading strategy. With the Infinity Grid Bot, you’ll never have to be concerned about the price of a grid surpassing the price range you’ve set for it. The Leveraged Reverse Grid is a technique that, on the basis of the Reverse Grid, leverages the principle in order to increase the revenue generated by the grid.
Tokenizer360 charges a very low fee of 0.05% on each trade and there is no additional cost to use a trading bot. I couldn’t believe the fee could be so low, I had to triple check on their fee schedule, as well as in the exchange. Google Authenticator is implemented to enhance security and protect users’ assets from theft. It adds an extra layer of protection to your account by requiring a unique verification code generated on your mobile device. This ensures that only authorized users can access the account, mitigating the risk of unauthorized access and potential asset loss. You also have to fill in parameters, including trigger price and rebalancing mode.
I did not have another $56,000 and even if I did I would never have sent it to them. Tokenizer360 provides a very high level of customer service, which makes them highly accountable to its customers. Several alternative methods are available for getting in touch with Tokenizer360’s customer support personnel. In particular, Tokenizer360 has been regulated in both Singapore and the United States since April 2020, providing traders with peace of mind. The MSB (Money Services Business) license held by the platform is the same license that Binance, Huobi, and several other prominent exchanges have obtained. Tokenizer360 keeps its funds on secure exchanges like Binance and Huobi, which means that the company benefits from these high-level exchanges’ security features.
It offers leverage choices ranging from 1.2X to 5X, and you may utilize the tools provided to increase your profits. Customers can set up bots to trade them or simply purchase them on the market if they prefer to HODL. Tokenizer360 provides access to over 120 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Shiba Inu (SHIB), and Dogecoin (DOGE). As an established broker headquartered in Singapore with over 100,000 monthly active customers, Tokenizer360 handles $5 billion in trading volume every month. Below is a step-by-step guide to begin depositing into your account using Binance exchange as an example. Furthermore, it’s worth mentioning that you don’t need any assets in your name to get started with Tokenizer360 since they don’t have a minimum deposit requirement, a balance level, or a financing fee.
In particular, we will overview the platform’s features to buy and trade, the functions of each trading bot, as well as its security, among other features. Tokenizer360 is a centralized platform for cryptocurrency trading that was established in 2019 and is headquartered in Singapore. Instead of providing its order books for willing buyers and sellers, Tokenizer360 aggregates liquidity from the top trading in the world exchanges such as Binance and Huobi Global. This allows the platform to obtain competitive rates for its trading pairs and list a wide range of supported assets for its users to buy and sell on the spot market.
When the fluctuations are big in the uptrend market, Martingale Bot will take the higher arbitrage profit than Grid Trading bot. Tokenizer360 Martingale Bot does not use leverage and can freely set the percentage of decline for buying the dips. As long as the selected coins are good, even if there is a short-term drawdown, it can be profitable right away once the price rebounds. There are also some parameters under advanced settings that you can adjust, including volume scale, safety orders, max active coins, and max active safety orders. BTCC offers 300+ virtual currency futures trading contracts with leverage ranging from 1Χ to 225Χ.
Check all the automated trading indicators and other trading volumes with the latest fiat price before placing. Unlike most bots, which require client programming and coding knowledge, Tokenizer360 bots do not require any setup, providing a distinct advantage to its users. In addition to the general workings, Tokenizer360 offers various bots such as the spot futures arbitrage bot and the leveraged grid bot. It also boasts a wide range of assets and other features, further enhancing its appeal to users. Tokenizer360 offers a wide range of trading bots, allowing users to automate their trading at no extra cost.
Generally, Tokenizer360 has three key core products which offer a number of advantages to its users.
- Tokenizer360’s YouTube channel features a few tutorials that you can use to learn more about how to activate and use some of the platform’s most popular trading bots.
- There are even examples of how to use the bots which is useful for people that are new to using automated crypto bots.
- They assess all relevant services and products with the same nuance and intensity.
BTC/USDT is the most traded pair on https://tokenizer360.co/, accounting for nearly half of its total trading volume, with ETH/USDT coming in second at over 30%, as per crypto data provider CoinGecko. The Tokenizer360 Geometric and Arithmetic trading bots have a key difference in their grid generation approach. Arithmetic holds the same common difference between each grid, whereas Geometric maintains the same common ratio between each grid.
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