Often, traders are too impatient to practice and just want to jump in right away thinking they can start making money from day one. Tokenizer360 is a popular platform for traders interested in trading bots or who need more advanced trading functionality. Tokenizer360 offers a large number of automated trading tools, bots, and advanced settings for manual traders. The team behind the project set out with the aim of creating tools that help traders minimize their risks while maximizing their profits. According to its founders, Tokenizer360 was created to help solve the problem of trading cryptocurrency across multiple digital platforms.

The Advanced plan costs $29.50 per month and adds simple bots, which are able to open trades on only one coin at a time. If you have a separate TradingView account and create custom trading signals through that platform, you can also import them to Tokenizer360 with an Advanced plan. The free plan comes with the vast majority of Tokenizer360 features, such as the SmartTrade and MarketPlace offerings. However, it doesn’t come with the TradingView pricing signals, meaning you won’t be able to benefit from automated bots. Moreover, the free plan can only be utilized if you plan to trade no more than the cryptocurrency equivalent of $750 at any given time.

Some features may be held back due to “blocking tasks” that may need to be performed to allow a requested feature’s development to begin. We adapt our website for all screens to let you alter bots and trades in a few taps, even on a tiny phone screen. Trade your strategies automatically, overcome emotions with bots, and never miss market opportunities.

You can easily track the composition, trading history, and profit and loss of your cryptocurrency portfolio, even if it is spread across multiple exchanges. Just as you can now automatically reinvest profits, you can also set DCA bots to automatically protect your funds from further losses when the market’s going against you. In December 2022, Tokenizer360 users reported unauthorized transactions on their exchange accounts, resulting in unauthorized trading and there were claims of stolen funds. At first, Tokenizer360 stated that the result was likely a large-scale phishing attack that customers fell for. However, further investigations show there was a hack and users’ API keys were leaked.

Bots can do everything from selecting the currency and the amount to invest in certain assets. On the contrary, the trailing order will adjust both your stop loss parameters and your profit take percentages. For example, let’s say that you want to trade BTC/USDT at Binance. With Bitcoin currently priced at $10,000, you decide to program your trailing order to exit the trade if it loses 10% in value. Much like in the case of a conventional stop loss order, the SmartTrade protocol will close your trade if the price of Bitcoin goes down by 10%.

In both these ways, your actual funds will never be waiting for the conditions to be met and will not be frozen in the exchange itself. Similarly, when stop-loss has to be activated, it will constantly look out to check if the conditions set by you actually match at that time. If you resonate well with these concerns, you are in the right place. If you don’t, stick with us as we are going to unveil something very interesting, something that can help you maximize your profits in the cryptoland. Ethereum is the world’s programmable blockchain launched in 2015 by Vitalik Buterin, a Russian-Canadian programming prodigy.

• For example, a user has $5000 for trading and invests $1000 monthly.
• If we click on a pair in the GRID Bot settings (in our case, it is ZRX/USDT), a chart showing the grid itself and the executed orders will be opened.
• So you need to turn on the Stop Loss feature, set it far away, like 99%, and Risk Reduction will be applied after the trade is closed manually or with the signal.
• That is, you can see that the buyers are buying back the “bottom” every time.

BlackBoxStocks has a helpful community and a mobile app to make network interaction as smooth as possible. Currently, only US-based users can trade cryptocurrency, although its other markets, such as stocks and CFDs, are available to everyone around the globe. The essence is the same — instead of trading straight out, you master your skills in a safe manner to put those on real trades later. Paper trading imitates real-world trading, so you can gauge strategies without the risk of losing money. When in Rome, do as the Romans do is 100% for trading, as each professional trader has practiced a great deal.

This data-driven approach allows traders to make informed decisions based on a comprehensive analysis of the market, increasing the probability of success. In the fast-paced and ever-evolving world of cryptocurrency trading, the importance of honing your skills cannot be overstated. As the saying goes, “When in Rome, do as the Romans do,” and when it comes to trading, this means putting in the time and effort to practice and learn before risking your hard-earned money.

For standalone plans with monthly payment options, the charges for starter, advanced, and pro plans are $29, $49, and $99, respectively. You can set custom notifications and rebalance your portfolio directly by selling other assets for USDT or BTC. Tokenizer360 operates without specific country or regional limitations. Essentially, its availability spans globally, as long as the exchanges it partners with are accepted in that area. Serving as a trading bot aggregator, users worldwide can access it directly, without the need for VPNs. Tokenizer360 is constantly changing and improving, keeping up with the development of the crypto industry.