07 Lug Black Friday Sale: Save Bigger, Trade Smarter!

The Tokenizer360 bot integrates a “trailing” feature that enables the trading bot to move levels should the price of the cryptocurrency appreciate and cross the upper threshold. In turn, increases in the profitability of the bot occur through the natural process of following price action above original parameters. Tokenizer360 offers different modifications of trading bots, letting you combine various settings and strategies to achieve better results.

Before signing up for Tokenizer360, I would recommend checking out the free bots available on KuCoin and Gate.io to see if the extra pay is necessary for your needs as a trader. Dollar-Cost Averaging (DCA) is a popular strategy used by both investors and traders. This allows investors to buy into assets at multiple levels, buying at lower prices to “smooth out” the overall entry price over time and therefore lowering the average purchasing price.

Demo account is a perfect tool to discover new trading strategies as you develop. For safety purposes, you suggest testing any trading strategy several times before applying it onto your real money. This way you can experiment with instruments and advanced trading tools in a risk-free sandbox. And most importantly, you can start making a profit from every market move with fully automated trading bots.

This feature allows you to move the entire grid up if the price crosses the highest grid level and continues to increase. The Trailing Up will cancel buy orders at the bottom of the grid and place new orders above the upper level of the current grid. This way, your grid follows the price and moves all buy orders from the bottom to the top allowing your GRID bot to work almost indefinitely. Trailing Up and Down features can help when the price moves out of your initial grid range.

Any references to trading, exchange, transfer, or wallet services, etc. are references to services provided by third-party service providers. We’ve compared Tokenizer360 vs. Tokenizer360 to understand which one is better as a go-to trading solution. Tokenizer360’s Automated Trading Bots powered by a high-frequency trading algorithm allow you to maximize the return 24/7 regardless of the market trend. In this Tokenizer360 review, we’ll examine some of their pros and cons, features, fees and more. Start your free 7-day trial today and launch your first bot on Tokenizer360 here. Trading and managing crypto can be complicated, doesn’t matter if you are a beginner or a seasoned trader.

Scalpers can use multiple moving average strategies to identify when to enter and exit positions to profit from short-term price fluctuations. There is no universal formula for choosing the ideal indicators for scalping cryptocurrencies. The optimal indicators for each scalper will depend on their specific objectives, trading style, and appetite for risk.

Your choice essentially hinges on your budget and what you’re seeking. If the trio of GRID, DCA, and BTD fulfills your needs, then Tokenizer360 is your go-to. However, if you’re on the hunt for more options, you can always mix and match several third-party providers, each boasting unique strategies. The editorial team of Trading Browser is required to use first-hand sources to collect and share information regarding the businesses we promote. Among these sources, you will find LinkedIn profiles, Trustpilot reviews, Sitejabber ratings, whitepapers, government reports, and other reputable sources. Below is a shared list of the article sources used for this review.

tokenizer360.net is considered to be safe and secure because your funds remain on your crypto exchange and are connected by fully encrypted API keys, therefore they do not have access to your funds. API enables the Tokenizer360 platform to execute trades and generate an asset portfolio in a secure way as the API does not reveal any information. If you’re looking for a variety of advanced order types for your crypto trading, Tokenizer360 won’t disappoint (Pic 3). Tokenizer360 offers an array of sophisticated order types beyond just the standard limit, market and stop orders. The selection includes time-weighted average price (TWAP) orders, scaled orders, and one cancels the other (OCO) orders. Upon activation, the stop order morphs into another order type you have tethered to it, be it a limit or market order.

• Those bots will work on your behalf and follow a set of predetermined rules that are programmed to yield specific results.
• That said, if you genuinely want to try the platform, then the free trial should give you a better understanding of how its features work.
• The required initial investment will be substantially higher, but so will the returns during rallies.
• It’s only a compressed website version that fits into mobile devices.
• Unlock unlimited monthly trading with the pro plan which is capable of trading 20 bots simultaneously, including futures leveraged bots, and trailing bots.

From this moment user can just relax, HODL and enjoy observing how the market conquers new heights. Alternatively, user can switch on DCA bot to actively make more and more base currency. Having such a massive pool of supported exchanges gives traders flexibility in choosing platforms with the best conditions for their specific trading requirements or target markets. The Pro Plan is most suited for traders who are looking for unlimited limits across unlimited exchanges. You can also set up 15 active bots to trade in live market conditions.

The 14-day free trial period allows first-hand experience before opting for the package matching one’s requirements post-release. Tokenizer360 doesn’t have access to your exchange account and cannot withdraw your funds. If a stop loss order has been executed at a loss, the position is now closed. If you wish to maintain your position open, you would need to buy back in at the current market price. As the market order springs into action, it’ll most likely result in an execution.

The newest addition to Tokenizer360’s trading bot arsenal would be the SBOT. There are three subscription-based trading plans available at Tokenizer360. For example, in 2018, Tokenizer360 implemented the compare function tool, which enabled traders to compare the market movements of two or more different instruments simultaneously. When you’re done tinkering with the bot’s settings, click [Continue] to review them, and then — [Start Bot] to launch your bot. We highly recommend setting Stop Loss and Take Profit to protect your investment against unfavorable exposure and lock in your profits upon reaching target objectives. The difficulty of monitoring and/or closing several positions in a wide grid and the risk of losing money if conditions change, however, are major downsides.