It is vital to provide us with accurate information as this will simplify the withdrawal process. To ensure that your profits are returned to the rightful owner, we will verify the account details before releasing the money. You will also be requested to create a password for your Crypto Hopper account.
They want to synchronize positions and automatically exchange them for another (stable) currency. Warning, when enabled all your positions will be sold after X time. In order to verify your account with Crypto Hopper, you simply need to provide some basic personal information when you sign up and register an account. That is, we will require your full name, email address, country of residence and contact telephone number.
Instead, automated bots function exactly how they are programmed to function. As such, the process is largely suited for those of you that want to implement your proven trading strategies in an autonomous manner. In this sense, you can essentially release your ‘Secret Sauce’ into the markets on a 24 hour rolling basis.
Fill in the time before your bot starts to sell all your positions. Switch the toggle so your bot will only use Trailing Stop-Loss to sell a position. When enabled, this setting will disable the Take Profit and only use the trailing stop-loss to sell a position. Once your registration is accepted, you will automatically become the newest member of The Crypto Hopper. This means you will get to claim our proprietary bitcoin trading software for free. The Crypto Hopper software has been created using the most advanced programming the trading world has ever seen.
- This includes major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, and a number of smaller-cap projects.
- When your bot is disabled, no information will be received from the exchange or will be sent to your exchange.
- Best practices and helpful tools for calculating the profits from your cryptocurrency investments.
When a currency goes above this percentage, your bot will place a sell order. To ensure that our members have easy access to their trading capital and profits, we offer a streamlined and hassle-free withdrawal process. Once you have completed the withdrawal request form, your broker will then process your request within hours. Your funds will then be transferred to your original deposit method. Remember that Crypto Hopper does not charge any fees so we will not charge you for your withdrawal request.
Once you’ve done this, your TokenTact bot can then execute trades on your behalf. The IF’ part of the equation is the market trigger, and the ‘THEN’ part of the equation is what the automated bot should do when the trigger is activated. So now we’ve provided you with an overview of what TokenTact is, in the next section of our guide we are going to explain how the automated bot process works in more detail. Keep in mind that TokenTact itself isn’t an exchange — it’s a trading terminal that provides access to a range of markets. This means that you’ll also be subject to the fees charged by the exchange your order is executed on as well as any monthly charges you incur through TokenTact.
Select the timeframe after you want to create a DCA order for your position. This is brilliant if you’re a beginner and want to accumulate Bitcoin (or another currency) over a longer https://harmonynews.one/tokentact-trading-bot-review/ period. Switch the toggle so the bot will only use the Trailing Stop-Short to close a short position. Determine the trailing stop-short percentage, for example, 1.5 (%).
Your exchange connection is now ready and you can start trading. Create a unique name for your API Key, generate a strong API Passphrase, and select “Trade” to allow trading on your KuCoin account. No other API restrictions need to be enabled, and TokenTact will never ask for “Withdrawal” or “Universal Transfer” rights. Now, let’s look at what you need to let the bot perform DCA trades automatically. In the following OKB example, we show you how DCA is calculated and executed. Keep in mind that the calculations’ results slightly differ from what you see in the screenshots, due to the constant changes in prices on the exchange.
TokenTact’s middle account tier is the Adventurer package. You’ll pay $41.58 per month for access to Adventurer package features. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test.
In fact, they have created a simplified drop and drag designer that allows you to build your automated bot from the ground up. You now need to tell the bot what you want it to do when the $10,100 trigger is activated. At this point, you have a number of options – both basic and advanced. For example, you could then instruct your automated bot to engage in a trailing stop loss. In layman terms, your bot can purchase $500 worth of Bitcoin every time it increases in value by 5%. One of the best benefits of using TokenTact is the flexibility is offers to traders of all experience levels.
This is called an open short position and is only visible in TokenTact’s Dashboard, not on the exchange. The next setting is “Max open short positions”, and it is set at 20 positions. Keep in mind that when funds are reserved for your short positions, these funds are not available to open regular trades. If you configure a high number for this setting, it could result in no new regular positions being opened due to the reserved funds. In the long term, this could stop your bot from trading.