If one or more demo trading rules are playing out as expected, the trader can add them to one of their live rules. Still, paper trading through the demo exchange brings a lot of value to traders. These cryptocurrency trading strategies may seem daunting, but they are presented in a user-friendly interface. Crypto traders will want to list everything they need to see happen before a trading bot buys or sells crypto. After you create rules, your bots will follow your directions based on the technical indicators that you provide. Take a look at our CryptoTact for a deep dive into everything this crypto trading bot has to offer.

Stay up to date with our latest exchange reviews, promotions, how-to guides and educational articles on Bitcoin, cryptocurrency & more. If “ price drops or a technical indicator has a certain indicator,” then buy or sell a coin. It involves long hours staring at charts, requiring at least basic skills in analyzing them. On top of that, trading often results in stress, and emotions can play a dangerous role in the process of decision making. For this type of investor, https://crypto-tact.org/ allows them to save a lot of time and execute their trades more efficiently.

Unlike some trading platforms, there are no notable savings for a yearly subscription, although they are available. Even better, you can set your own rules when you learn the ins and outs of this platform. The difference between the results of a Demo versus a Live rule sits mostly in that. How significant is this difference depends on how many trades the rule executes. The more trades the strategy generates, the higher may be the difference in the results.

Moreover, the number of blockchains networks is estimated to increase in the future. Participants have realised that the market is moving towards a multi-chain ecosystem and are now more often looking for ways to move coins across the different networks. It’s now clear that Crypto bridges will play a pivotal role in the long-term success of blockchain and cryptocurrencies. The buy order only ends up being placed on assets when it seems they are leaving the “oversold” status on the RSI. This enables you to build strategies that would trigger a BUY action and a SELL action based on two different conditions. ​You may find it useful to have a look at our best-performing templates.

Should the down trend now reverse and BTC go up by $250 to $42,250, the rule will buy back 100% of the amount you sold. This move will have increased your Trailing Stop limit to $46,200 – maintaining a distance of $250 from your new position. Your stop distance will continue to move up every time BTC moves up. It follows your position when the market is moving in your favor and will take profits if the market moves against you and trigger your Trailing Order. Finally, you have to copy/paste both the API Key and the Secret Key in the “Exchanges” section of your CryptoTact account.

• Exchanges display all supported trading platforms and the user’s trading accounts on the selected one.
• So if you send a market order to buy 1 Ethereum, your order will be executed at the cheapest ask price quoted in that given moment.
• Then, the goal of the trading strategy is not to ride the eventual uptrend but to close the trade with minimal profit so that it can scan the market for a new opportunity again.
• The platform uses Cloudflare defence to offer an extra layer of safety and security versus DDoS and various other cyberattacks.

In total, CryptoTact supports 10 crypto exchanges and 5 stock brokers. In the following list, you’ll find each supported platform, along with their respective supported markets in the brackets. These rules enable traders to set specific conditions under which trades will be executed automatically, taking advantage of market opportunities even when they’re not actively monitoring their portfolios. CryptoTact is not only a platform to develop an automated trading bot but allows you also to buy and sell coins right away, with no need of accessing the exchange where you want to trade.

With the Any Contract market scanner, you can monitor hundreds of potential trades, effectively bypassing the human limitation of tracking such a wide range of information. It seamlessly combines the power of automation with the volatility of the crypto market, delivering a trading tool that spots potential profitable trading setups across the market. You only need to select the coin to buy or sell and the base wallet to use for the transaction, the bot selects the trading pair automatically and sends out the instruction as a market order. That saves a significant amount of time when you want to rebalance your portfolio manually. One typical hurdle for crypto advanced traders is to manage their holdings among different popular exchanges. It’s easy to lose track of the balances of each coin while trading.

To create an account, just click the “Sign Up” tab at the top right of the home page. Our Head of Trading at CryptoTact will show you the best
strategies to put in place and answer all your questions. It would be much better to enjoy all the benefits of trading, removing the most common obstacles, hence the advantage of using CryptoTact. To log in, CryptoTact uses two-factor authentication for enhanced security. Today we are fundraising again and
You Can Be Part of This Journey.

You can now complete the API integration process by returning to the CryptoTact Dashboard and entering the required information. When opting for Binance, you will be prompted to enter your API key details along with your secret key information. To register an account, you just need to enter an email address and create a password before agreeing to the Terms of Use. There is also the option to sign up using your Google or Facebook account.