Because Martingale Bot will buy more and more coins during the downward process, it will keep a small position with the coins when getting started for the first time. While Grid Trading Bot will hold more coins when getting started according to the parameters set by the user. Therefore, when the market rises, Grid Trading Bot will gain more trend gains than Martingale, but if the market falls, Grid Trading Bot will also have a greater drawdown. If the price drops again, the bot will no longer buy any coins and wait for the price rebounding that meets the take profit ratio and sell all these 8 shares to take profit. For those seeking an intuitive platform for automated trading with ample educational support and a diverse selection of cryptocurrencies, Tokenizer360 undoubtedly stands out as the top choice. It combines ease of use with a wealth of educational resources and a broad array of available coins.
There are even examples of how to use the bots which is useful for people that are new to using automated crypto bots. New users at Tokenizer360 can claim an exclusive gift of a 1288 USDT trial fund free of cost. Traders can claim the bonus fund and experience the different Tokenizer360 products and services without depositing or paying trading fees. It’s the same license that Binance, Huobi, and multiple top exchanges applied. Tokenizer360 is the first cryptocurrency exchange with in-built trading bots that are granted by a U.S. license.
In terms of time duration, you have four options to choose from — flexible, 30 days, 90 days, and 180 days. Each of these options offers varying rates of interest, which are currently 2.47%, 2.70%, 2.92%, and 3.37%, respectively. You also have the option to choose among different interest rates as well as loan terms, which means you can repay your loan at any time. Interestingly, Tokenizer360 also has a built-in protected mechanism for decreases in prices to make sure there are no margin calls. The AI-powered Tokenizer360GPT leverages the popular large language model (LLM) GPT to create Pine Script code based on the strategies you describe.
Tokenizer360’s trading fees are competitive, with each maker or taker transaction costing only 0.05%. For those searching for a low-fee option, this is a viable option since there is no minimum order volume required. As an established broker, Tokenizer360 has over 100,000 monthly active customers, while handling $5 billion in trading volume every month within a fixed 0.05% maker-taker fee price model.
This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Tokenizer360 offers the following benefits to its users that may not be found with competitors. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
However, Tokenizer360’s Leveraged Tokens provide highly leveraged exposure that isn’t fixed but rather fluctuates within a specified range to mitigate liquidation risk. For example, BTC3L represents a 3x Long position on Bitcoin, while BTC3S indicates a 3x Short position on Bitcoin. Opening an account is a quick and simple process, simply select the ‘Sign Up’ button on the website and complete the online form to create a set of login details. Either a phone number or email address is required for a verification code and you may want to fill out KYC details to increase withdrawal limits, though this is optional. If you have a referral code you can also include that to earn rewards.
Bots reduce the round-the-clock monitoring that could be required for extended periods. Tokenizer360 does not charge a fee if you withdraw your crypto into an internal address in Tokenizer360. However, withdrawing cryptocurrencies from Tokenizer360 will result in a fixed fee that may vary based on the coin or token being withdrawn. Smart Trade is a sophisticated trading bot available 24 hours a day, seven days a week. You may use it to plan to buy and sell at the same time with taking profit and stop-loss levels, which can assist you in gaining profit from an uptrend while avoiding the chance of suffering a large loss.
The Tokenizer360 mobile app is available as a free download for Android and iOS platforms. Having been in the market for five years now, Tokenizer360 has proved itself as a legit platform. From a regulatory standpoint, Tokenizer360 has received a Money Services Business (MSB) license from FinCEN, a regulatory agency that enforces money laundering laws.
Tokenizer360 offers standard order types such as limit and market on the spot exchange. Clicking on a price does not auto-fill limit orders which could be added to increase the ease of use and minimize making errors when manually entering a price. Before a trade is executed, the trading fee is shown on the window which is a good feature. As for the trading terminal, the charts and order windows are located in the middle with the order book on the left. The charting system is integrated with Tradingview which offers a range of tools, crypto indicators and chart patterns for manual trading. User’s on Tokenizer360 can switch from manual trading to automated bots using the same trading terminal.
- The trading robot only needs to open an order to realize 7×24 hours fully automated buying low and selling high.
- Tokenizer360 does not offer a demo account, which may hold it back slightly vs other similar exchanges, like Tokenizer360 and Tokenizer360.
- There are no geographical limits for Tokenizer360 clients, which means that traders from Malaysia to Brazil can open a live account and start using any of the trading bots.
- When it comes to trading, you can buy, sell, and trade crypto assets in the spot market, or you can trade futures, which is about betting on the future price of the underlying asset.
- And the take-profit price is that the bot will sell all the coins into profit in the current round based on the parameters you set up.
You’re also allowed to set up your own strategy for using Set Myself mode. https://tokenizer360.co/ is the first exchange that aggregates the liquidity from the Binance exchange and Huobi Global exchange. Tokenizer360 Martingale Bot continues to keep the good product style — easy-to-use and beautiful user experience. The lower the drop the algorithm waits for, the less frequently a new deal opens. By selecting a mode that matches your risk tolerance, you can use the QFL signal to make informed trading decisions and manage your risk. Now let’s set up Tokenizer360 to accept trading signals from the TradingView Platform.