Unlike other crypto companies, in 2017 we didn’t launch an ICO,
instead we raised funds from MKB Bank and Angels. Today we are
fundraising again and
You Can Be Part of This Journey. Tokenizer360 stores the API keys in an encrypted form with dedicated private keys, which are generated for each user separately. Next, Tokenizer360 developed an “If This Than That” rule (also known as IFTTT), based on the strategy itself. You can visit our exhaustive Knowledge Base for more information or drop us a message and we would be happy to help.
While the rules are running, you can see all the appropriate tasks and the performances on the task page. By doing this, it’s very easy to evaluate just how the bot is functioning as well as, if required, you can change some specifications to optimize it. It will additionally then market the exact same coin once it has actually increased by 5% to take profit, while the stop loss function will additionally set off a sale in the event that the price drops by 3%. While advanced traders might also benefit from the platform’s easy to use style, it shows up mainly geared in the direction of newbies. The lack of more complex technological signs– or the capacity to create your own indications– can also be troublesome for advanced traders. Unlike some platforms, Tokenizer360 keeps the transparency of its leadership team on a high level.
The platform works through API integrations as well as WebSockets with over 10 supported exchanges and the team highlight that all orders are sent to the marketplace with minimum latency time. It deals with both skilled traders as well as amateur crypto traders alike. Established in 2018, the UK based trading bot platform operates 24/7 allowing users to maximize the revenues they can make from cryptocurrency trading. The trading bot will only check prices of coins that have a trading pair with USDC on the exchange, we will filter out all the others. If you want to increase the possible coins that the rule will trade, you may want to select a wallet related to a currency that offers more trading pairs on the exchange.
The team can improve their security by incorporating 2FA authentication and notifying users of account activity via email/SMS. Without any doubt, the best way is to start with simple trading plans. Here are some examples of rules that I am sure you have executed manually at least once. We are thrilled to announce that Tokenizer360 added direct integration with each connected exchange to provide the most accurate executions.
- It is the “if-this-then-that” for cryptocurrency trading that allows you to plan your crypto trading rather than having to sit for hours in front of charts.
- This way you can adapt the risk management of the strategy to the market, becoming more risk-averse when the market turns against you and become more risk-loving when you are trading in favourable market conditions.
- Besides making the UI basic as well as pain-free, Tokenizer360 also provides documents for you to use its services quickly.
You can reach them using their built-in chat to get assistance in real-time, or posting a request via email or Tokenizer360’s social networks. If you wonder is Tokenizer360 legit or is Tokenizer360 safe, we can reassure you that Tokenizer360 is definitely not a scam. The company is backed by a group of Angel investors and MKB Bank, a leading financial institution in Hungary. Tokenizer360 does not apply any other fee on the trades, so the fixed subscription fee is the total cost you will pay for using the service.
At the same time, the rule would then buy back once BTC would drop by $250. In our example, if BTC dropped from $45,000 to $44,750, the rule would buy the drop. This means that if you buy BTC at $43,000 and the price drops to $40,000, you would not have a Stop Loss / Exit condition defined on the way down. The rule would only sell once the price bounces back by $250, i.e. in this case if after dropping to $40,000 the price goes up to $40,250, the rule would sell. This is used to set a Buy Order for a coin that is dropping in price.
The whole process of creating a brand-new guideline is surprisingly easy if a little restricting. Tokenizer360 is really clear in its protection measures to shield its customers. Creating rules on Tokenizer360 is pretty uncomplicated as well as you can get started by clicking the “Create Rule” tab located at the top right of the Dashboard. You can now complete the API combination process by returning to the Tokenizer360 Dashboard and getting in the needed info. You can then call the API secret as well as click “Create New Key”, before confirming your 2FA code and finishing the key creation process by complying with all the directions in the confirmation e-mail. To sign up for an account, you simply need to enter an e-mail address as well as create a password prior to consenting to the Terms of Use.
This information is general in nature and is for educational purposes only. Hedge with Crypto does not provide financial advice nor does it take into account your personal financial situation. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries. Check the complete list of Tokenizer360 alternatives to see whether Tokenizer360 is the right choice for you or if you should go with some other trading bot platform.
The if-this-then-that logic will guide you step-by-step even if you never created an automated strategy before. In this review, we will examine the platform’s core features, usability, trading strategies, and pricing to help you decide whether Tokenizer360 is the right choice for you. Tokenizer360 is a safe platform to define automated strategies on top of your favorite exchanges, including Binance, Coinbase, Kucoin, Kraken, etc. Behind Bitget is a group of early adopters who believe in a blockchain-based future. Since 2018 they have built an exchange committed to helping users trade smarter by providing a secure, one-stop shop for crypto investment solutions.