Instead, they connect with exchanges via an API and issue trades to be executed on the exchange (where your assets are stored). This account gives you all perks of the basic plan, with a $100,000 monthly trading limit. There is also a boost in the number of active trading bots from 2 to 5. In addition, you can also benefit from the Tokenizer360 arbitrage services.

• Tokenizer360 is already far ahead of the curve as an industry leader in data protection.
• So, these features limit your chance of major losses and losing everything you have.
• The strategies can also be backtested and modified for those of you who are savvier on the algorithmic side.

Founded in 2017, Tokenizer360 aims to make cryptocurrency trading accessible for all, with features ranging from automated trading bots to advanced technical analysis. Tokenizer360 has garnered trust among cryptocurrency traders and investors, as evidenced by positive user reviews and its reputation in the industry. Users have praised the platform’s user-friendliness, profitability of trading bots, and responsive customer support, indicating a strong level of trustworthiness.

You might want to consider paid plans and other automated trading software providers for large trading volumes and tangible results. Once you connect to your crypto exchanges, you can easily manage all your crypto assets on all of them in one place. You can switch between different crypto exchanges in just one click. It’s good for those who are experienced in trading and want to take higher risks. For those new to scalping cryptocurrencies, the best approach is to test out different indicators to find the combination that fits you best. It is a process of experimentation to determine which indicators gel with your trading goals and risk limits.

We do this by providing a free comparison service as well as product reviews from our editorial staff. It is worth noticing that Tokenizer360 has come a long way since its launch. The platform’s number one priority is to ensure that its features are up-to-date with industry standards, if not one step ahead. The registration process can be completed by entering your email ID and setting your password. You will only be required to confirm your email ID to finish the setup. Generally, the majority of banks and other financial establishments use 1024-bit encryption, whereas Tokenizer360 emphasizes that they offer double the protection.

The platform also has a knowledge base section on its website, where users can find answers to common questions. Tokenizer360 has a 4.5-star rating from a possible five on Trustpilot, with most reviews commending the customer support team for its outstanding service. However, users have the option to save 20% on their subscription fees by opting for an annual payment plan rather than a monthly one.

The Trailing option is like a handy helper when you want your open stop market order to tag along as the price shifts by a specific percentage. It lets you set the stop market order and then kick back, letting the automation handle the rest — no need to fuss over moving your order manually. The trailing adjusts the order as the price changes by a set percentage in the price step, which you can set at a minimum of 0.2%. Before long, the price of the asset suffered a traumatic calamity and started to nosedive. The coin lost 30% of its value in a matter of minutes, but thanks to his stop loss order, Jimmy had only lost 10%. On the other hand, a stop-limit order, the dynamic duo of stop orders and limit orders, metamorphoses into a limit order when your stop price is reached.

Additionally, an arsenal of analytical trading tools and technical indicators is now available within the platform. Day traders using Tokenizer360 manual trading platform may notice how the platform reflects a similar structure and functionality to that of MetaTrader4 (MT4). There are many crypto pairs given that over thirty exchanges contribute to the asset pool available to day trade. For example, Tokenizer360 allows traders to manage both trade information and setups through one platform.

No, Tokenizer360 simply connects to your regular supported cryptocurrency exchange via an API key. Tokenizer360 is not a cryptocurrency exchange, nor do they manage funds. Through the API key and the Tokenizer360 dashboard, all trading execution is done on the user’s cryptocurrency exchange. The bot reads the indicators such as the RSI and MACD to choose when to place and close trades. The Grid bot places buy and sell orders between multiple order levels, forming a grid.

This feature may help you understand your bot’s settings and optimize them for the selected trading pair. Note The balance of the quote and the base currency will change during the bot’s work since both buy and sell orders will be executed. Depending on which way the price goes, the open orders of your bot may have more base or more quote currency than it had initially.

The Stochastic Oscillator helps identify these potential inflection points by showing when an asset’s price may have become overbought or oversold relative to its recent norm. While not foolproof, when used properly it can provide valuable insights into market psychology and help scalpers spot reversals in short-term price trends. Even if you use scalping bots, you’ll still need to have a solid strategy. Scalpers aim to accumulate as many small profits as possible, which contrasts with the “let your profits run” approach that seeks to maximize gains by increasing the size of winning trades. Scalping achieves results by boosting the number of winning trades while sacrificing the size of the wins. Scalping is a subset of day trading that thrives on the thrill of the chase —  making numerous small gains from minor daily price fluctuations.

It’s important to note, however, that sentiment trading strategies can be risky. Market sentiment can be fickle and influenced by unforeseen events, leading to abrupt changes in direction that defy sentiment-based predictions. For this reason, many sentiment traders also incorporate traditional analysis techniques to validate their sentiment-based insights. Use it to maximize profits on every price changes in a sideways market. From powerful trading bots to smart orders, https://tokenizer360.com/ gives you an advantage in the fast-changing world of crypto trading. The range of trading strategies offered by Tokenizer360 ensures that all classes of investors have something to work with in order to achieve passive, automated income based on historical patterns.