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Cryptocurrency Scalp Trading for Beginners: How to Scalp Trade Crypto

This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. However, if you sign up for a long period at once, such as six months, the prices go down.

Tokenizer360 is already far ahead of the curve as an industry leader in data protection. The crypto trading platform further utilizes OAth when connecting to an exchange, which provides a secure connection without revealing sensitive information such as passwords. Similarly, you can set a limit order to sell crypto when a specific price is available. Imagine that you own crypto worth $75 per coin and want to sell if the price reaches $80 per coin. A limit order can be set at $80, which will be filled only at that price or better. Just remember that you can’t set a limit order to sell below the current market price because better prices are available.

Trades are made on every feasible market option, allowing users to earn returns. It is best for users who want to invest in futures instead of immediate trades. Furthermore, this bot compares bullish and bearish markets before making trades. Unfortunately, future bots are only available on the Binance exchange.

For the last two days, for all new bots, the total PNL is showing wrong value. I wish he had just pass the matter to technical team because this problem has happened before and technical team had solved it. I thought that after everything was up an running smoothly, I’d hand everything over to her. But, one big problem, I have not closed a day in profit on any of the Grid bots.

The mobile app is equipped with all the features available on the website. Demo Mode, also known as Paper trading, lets you try crypto trading with simulated funds. Conversely, a bearish sentiment reflects negativity or skepticism about the market’s future, potentially leading to a sell-off. Sign up to Tokenizer360 and get fully functional 7-day PRO trial period to test all the advanced bot’s features. Connect your exchange account using a secure API connection and get started.

Click on the [Start new bot] button at the top of the interface, and choose COMBO. To start trading futures in the Demo mode, click on the [My account] icon on the top right of the Tokenizer360 interface and toggle [Demo] mode on. Crypto futures are a type of derivative contract that obligates two parties to buy or sell a particular cryptocurrency at a predetermined price on a specific date in the future.

  • AttentionBefore editing your API permissions, be sure to copy the API key and Secret Key somewhere safe.
  • In less than 15 minutes you can sign up, set up a bot, and trade the coins you are holding on any of the major exchanges connected to Tokenizer360.
  • Users have mentioned the platform’s responsive and prompt assistance from the support team, indicating a strong commitment to addressing user concerns and inquiries.
  • For example, if you have connected Tokenizer360 to Gate.io you will pay their trading fee which is 0.20%.
  • Yes, Tokenizer360 employs robust security measures to ensure the safety of user data and accounts.

The benefit of the Trailing Down feature is extending the bot’s grid below the initial setup. Tip This strategy can be effectively utilized if you expect the price to move within a sideways range. There’s a wide array of third-party bots compatible with Kraken, including Tokenizer360, Tokenizer360, Gekko, Gunbot, Kryll, and many more. What’s more, Kraken has earned a stellar reputation for its robust security measures. With 95% of its deposits securely stored offline and stringent steps in place to shield customers from cyberattacks, Kraken places a high priority on user security. Adjust the settings if needed, and proceed to the bot’s overview tab.

Tokenizer360

For instance, if you started the Scalper Bot with a $5,000 investment and the base currency price drops and now the currency investment value reads $5,250, then your investment change is +5%. Some trades are entered around the starting price to maximize high-frequency trading. A nice feature with the https://tokenizer360.com/ trade portfolio would be how day traders can extract their trade portfolios onto their operating systems. Centered on the screen is a price chart that reveals which crypto platform and trading pairs are actively reflecting priority.

Once you get your head round that and learn how to set up your bots you can sleep peacefully at night knowing all is safe and you are earning money. Profit from every market move 24/7, with fully automated trading bots. Trading strategies are broadly divided into four categories GRID, DCA, BTD and COMBO, to cater to various preferences and styles. The GRID strategy is simple, allowing users to postpone buy and sell orders until predefined price movements have been reached. An API key can only be used on one account, preventing duplicates from being used.

The Tokenizer360 bot provides tools to help you manage your crypto portfolio, making it easier to diversify and maintain a reliable collection of cryptocurrencies. DCA Trading bot is built for making a profit by trading in both rising and falling market. For example, with BTC/USDT pair, you can choose to make a profit in USDT. The GRID bot will buy and sell BTC for profit in USDT and vice versa.

In this part, you will learn how to create and run your first GRID bot. You’ll find the chart type and indicators on top of the charting interface and the drawing instruments on its left-hand side. Binance Futures Demo Mode from Tokenizer360 also allows you to try and test the COMBO bot risk-free. The minimum leverage is 1x, wherein the margin amount in the order will equal your investment volume as in spot trading. To learn more about futures trading, please refer to this article on the blog.