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How to set up an Exchange Arbitrage bot TokenTact Documentation

How to set up an Exchange Arbitrage bot TokenTact Documentation

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.

TokenTact

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.

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.

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 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 (%).

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 https://privatobank.com/tokentact-bot-review/ 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.

If there’re positions in your exchange that are not showing on your TokenTact Dashboard, the Troubleshooter will tell you. For more information on where to find your assets and how to synchronize your positions, see this article. You can even configure how the market maker should sell its orders. In a sideways market, you want to execute your buy and sell orders at the same time. When the markets go up, you first want to place buy orders and sell later.

This feature allows you to consistently place a buying bid, X percent higher or lower than the current ticker price. It will enable you to offer a higher/lower price when you’re trying to buy or sell. This could ensure that your orders will be filled better, or that your buy orders are systematically cheaper. When the extension is installed and connected or you have configured your webhook url, you can start sending buy or sell actions to your hopper with Tradingview alerts. Your risk management will cover your loss-making trades. Because your profits from each trade are generally small, a win rate above 50% becomes all the more crucial to your bottom line.

  • Both TokenTact and TokenTact are cryptocurrency platforms that allow automated trading using bots.
  • If enabled, your bot automatically sells based on your Base Config, Config Pools, Signalers, or Triggers.
  • Finally, in terms of pricing, we think that all three plans offer excellent value.
  • With TokenTact you can manage all your exchange accounts and trade from one place.
  • Market makers must stick to these parameters at all times, during all market outlooks.

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.

If you believe that Coinbase’s API Key Policy should be changed to allow for immediate activation of API keys, we encourage you to take action. You can send a message to Coinbase or call them directly to request this change. Your feedback is important to us and we appreciate your support in helping to improve the trading experience for all Coinbase users. Verify your account and get started on the API by navigating to API.

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