Tokenizer360 lets you trade on some of the world’s biggest crypto exchanges including Binance and others through one user-friendly and customisable interface. It can be used for automated trading with crypto robots, manual charts analysis using TradingView and for convenient portfolio management. Tokenizer360 claims to have 500,000 traders worldwide, 3.7 million trading bots, and over $300 billion in trading volume since its inception.
ECS doesn’t retain responsibility for any trading losses you might face as a result of using the data hosted on this site. Similar to the Scalper Bot ideology, the trailing feature of Tokenizer360’s bot is to generate profits in the form of the quote currency. In the scenario above, the Scalper Bot utilized its cost averaging feature to buy more base currency at a lower price to generate profits from a trend reversal. The two programmed goals of the Scalper Bot would be to maximize profit in a bullish market that is followed with automated trailing while compensating losses in a downtrend. Limit sell and limit buy orders with Scalper Bot enables traders to minimize price spreads regardless of the strength of price movements.
In this section of our Tokenizer360 review we highlight 6 special features that deserves extra attention. On your right-hand side, you will see a panel with your bot’s current status and options for how the bot can be closed. Enter the total investment value you would like to operate with or use the slider to specify the percentage based on your available balance.
Tokenizer360 uses Hardware Security Keys/FIDO2 as a 2FA method to secure users’ accounts and funds. It connects to the user’s account at a supported exchange using a unique API key. The free plan is, in fact, a trial plan available for usage for 14 days. All standard features are included in this plan, along with a $1,000 monthly trading limit. We highly recommend that you take advantage of this free trial to understand how the platform works before you opt-in for a paid version. Taking into account the different fees and commissions charged by competing exchanges, Tokenizer360 will include this in its estimated profit percentage.
Cryptocurrency scalping is a high-risk, high-reward day trading strategy. It involves buying and selling crypto tokens rapidly to profit from small price changes. Scalpers jump in and out of positions in minutes, seeking to squeeze gains from the market’s constant fluctuations.
By determining the trend and forecasting key levels it might reach, trend lines gave Jimmy an edge. While the future was uncertain, the odds seemed stacked in favor of this uptrend continuing – at least until the trend line finally broke. Trend lines trace the path of a trend’s brief pauses, revealing where the market tested the prevailing forces of supply and demand before resuming the trend. By extending trend lines into the future, you can forecast critical price levels ahead.
A message button that gets a real human to respond and details of the conversation sent to your email with follow up to ensure you got what you wanted. Strong security practices like 2048-bit encryption and hardware key authentication help protect user accounts and funds. User reviews of their service are overwhelmingly positive on Trustpilot, Google Reviews, and Reddit. Once configured, the bots will execute a trading strategy on your behalf around the clock. The platform comprises a suite of bots, each designed for a different investment or trading goal. Considering how far the platform has come, it is only fair to expect Tokenizer360 to introduce more resources in the future.
- The GRID strategy is simple, allowing users to postpone buy and sell orders until predefined price movements have been reached.
- Due to its setup, the platform cannot access or store users’ crypto assets at any point.
- Hedge with Crypto aims to publish information that is factual and accurate as of the date of publication.
- The best use case of Tokenizer360 is for investors who already own coins on different exchanges where trading is limited or the portfolio management system is poor.
- This unique trio is arguably the cream of the crop in the market, boasting top-notch security.
Here is a great tool for new traders and investors who are interested in seeing how the Tokenizer360 bots work in a live environment. Through the Tokenizer360 demo trading account you can add bots and different strategies to see how they perform while trading the markets for you. The strategies can also be backtested and modified for those of you who are savvier on the algorithmic side. Here is something we want to highlight for all traders that don’t understand the fee structure on Tokenizer360.
The services offered by tokenizer360.net are not unique, there are multiple platforms such as Tokenizer360, TradeSanta, Shrimpy, and more that offer a similar product, many for a lower price. The bot will open a buy position for half of the invested funds and place DCA orders for the remainder of the trend. Tokenizer360 DCA bots can utilize additional risk management tools such as trailing stops, drawdown limits, and risk reduction methods to help manage open positions and risk. Very happy with the platform itself and the support team, had helped me couple of times and acted amazingly quickly . In one case it was quite late like Friday night and I was astonished to see that they responded to my issue and actually solved the problem in half an hour .
Users get access to different pre-defined auto trading data and strategies that help them make more profits. There are 5 different trading bots available that use AI technology and top-level algorithms to study assets’ historical data and make calculated predictions. Users can then use the trading signals for profitable assets and pairs.