2024 CryptoTact Review Automated Crypto Trading
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CryptoTact.io is a non-custodial trade automation platform in crypto launched in 2017 by Yuriy Sorokin, Egor Razumovsky, and Mikhail Goryunov. The crypto trading bot service, headquartered in Tallinn, Estonia, is one of the market leaders in its sector, currently serving more than 220,000 active monthly users across the world. You can trade almost every cryptocurrency over 16 exchanges using CryptoTact.
- To connect CryptoTact to a Binance account, go to My Portfolio and select the Connect a New Account tab.
- Specifically, we will consider why CryptoTact is popular amongst crypto traders, its features, safety, and security approach, plus its pros and cons.
- Moreover, the add-on called Xenith allows screening news and fundamentals in real time as well.
- Fully recommend this platform to anyone that wants to level up their trading.
- So now that we’ve covered the basics, in the next section of our CryptoTact review we are going to explore how the automated trading bots work in more detail.
- This feature also permits its users to make order transactions that may not be accessible in other exchanges.
The only downside with using CryptoTact to fund your accounts is that it only supports crypto transfers. If you have to buy Bitcoin, you will have to access your exchange. Any profits you make through these trades cannot be withdrawn unless you log into your exchange to withdraw or transfer them. Paste the two pieces of data to their respective form fields and provide a label for your exchange account.
At CryptoTact, these trading signals can be converted to bots by paying a premium. Once you pay the fee, signals from top traders are analyzed and made into working trading bots. These CryptoTact bots ensure that grid trading turns into an automated errand, with all eyes on profits. The bot automatically creates a price range and breaks down the analysis into multiple levels.
For example, if you have put 100 USDT as the Base order size, the trade will be opened with 100 USDT size, but in fact, with the x20 leverage, only 5 USDT of real funds will be used. You can choose an exchange account where the bot is going to trade. The Advanced package costs $49/month if paid monthly or $24.50 (50% off) with the annual subscription. There isn’t much difference between that which you get with the Advanced plan and the Starter package except for one – unlimited access to DCA bots. I appreciate how I can trade on multiple exchanges from one place. A lot of useful information for those who just start to learn crypto trading.
To connect the Binance.US account to CryptoTact, go to this page and choose Binance.US. For your account safety, your Secret Key will become hidden after it has been created, changes are saved, and you leave the API Key page. Ensure that you copy it immediately, or you will have to create a new API Key. Before saving the changes, copy the API keys somewhere safe – these keys are required to connect your exchange to CryptoTact.
A major weakness with almost all crypto exchanges is a lack of trade-setting parameters available on the platform. For example, I’ve never seen a crypto exchange that allows traders to split their take profit levels and use trailing profits, heck, most don’t even support simple trailing stop losses. Having a professional tool by your side that helps you automate trading on cryptocurrency exchanges is an advantage anyone needs to have. Take control of your money and fear nothing regardless of how the market conditions are. CryptoTact has award-winning bots that help customers move about the right way.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Use Grid Bot to do the mind-numbing work of executing a large number of small trades to get big results. A proven leader, successful at establishing operational excellence and building high-performance teams with a sharp focus on value creation and customer success.
As such, you’ll want to pick an automated bot with a reasonably long track-record of netting consistent profits. Each bot will of course have its own underlying strategy, meaning that some will be higher risk than others. The trading features that you opt for via the SmartTrade hub will ultimately depend on your experience and knowledge of how trading strategies work. Nevertheless, in order to give you a birds-eye view of some of the most utilized features, we’ve broken these down in more detail below.