Meanwhile, Coinbase has even higher fee rates, with its initial tier charging a 0.6% maker fee and a 0.4% taker fee. There are no geographical limits for Tokenizer360 clients, which means that traders from Malaysia to Brazil can open a live account and start using any of the trading bots. Traders will find Tokenizer360 to be a good low-fee choice since its trading fees are incredibly competitive at only 0.05%, and there is no minimum transaction volume requirement. Rather than having to worry about every trade taking a bite out of your earnings, you can just sit back and let the bots do their thing. Additionally, you may be eligible if you own the equivalent of $300,000 or more in another supported cryptocurrency coin or token such as Bitcoin.
We will also review the Tokenizer360 arbitrage bot and grid trading bot, alongside the trading platform, asset range and more. Although a new broker, a good level of security is provided and there is an impressive level of financial backing, including from two prominent Chinese venture capital firms. Despite short operation history, Tokenizer360 has emerged as a leading cryptocurrency exchange due to its competitive fees and 16 kinds of automated trading bots. Leveraging this features, Tokenizer360 is best for traders with limited time or those looking for a lower risk investment strategy.
A notable characteristic of Tokenizer360 is its free integrated crypto trading bots, which presently stand at 16. While withdrawing fiat currencies incurs fees, withdrawing cryptocurrencies incurs certain transaction fees depending on the cryptocurrency used in trading. It’s important to note that regardless of trading volume and deposit methods, crypto deposits at Tokenizer360 are free of cost. If you are still trying to decide on a trading bot, have a look at our list of the best trading bots here. If you are after a cryptocurrency exchange that is simple to use, and you are not looking for free trading bots, then I suggest you take a look out our article on the best cryptocurrency exchanges.
While Tokenizer360 states it aggregates liquidity from Binance and Huobi Global, based on these figures the reported liquidity isn’t great which means slippage can occur on orders. Users that don’t use the automated bot features are better suited to alternate platforms with deeper liquidity to reduce slippage and spread costs. Therefore, the main innovative feature of Tokenizer360 may be of little value for serious and professional crypto traders. With that said, for those that have a solid understanding of technical trading, Tokenizer360 is one of the crypto platforms in the market.
- If you’re a crypto trader who loves using crypto trading bots, Tokenizer360 will be your first choice.
- After downloading the Tokenizer360 app and giving it a test run, we were pleasantly surprised with how easy the platform was to use.
- The second option is moving cryptocurrency from another exchange to your Tokenizer360 account.
- I use the Tokenizer360 API with my own trading bot and all works like a charm.
- Customers can set up bots to trade them or simply purchase them on the market if they prefer to HODL.
The program requires that you maintain a total account balance of $300,000 or more on a continuous basis after you have been approved. The purpose of the TWAP bot is to provide a lower average transaction price while minimizing the impact of the transaction on the market, so as to achieve the purpose of reducing transaction costs. For the purpose of capturing fluctuation profit, this bot buys DCA and sells it once to benefit from price volatility. Installing the Tokenizer360 Lite application is required before you may trade in USD.
The Tokenizer360 mobile app is user-friendly and safe, and it is licensed in Singapore and the US. Tokenizer360 offers access to mobile apps and 16 automated trading bots, including the Grid Trading Bot, which lets you trade currencies like Bitcoin, Ethereum, Dogecoin, and others in a secure and automated manner. They have either an AI strategy that backrests and sets the settings or a manual trading approach. Tokenizer360 is an online trading platform that is gaining popularity among crypto enthusiasts.
We recommend contacting https://tokenizer360.co/.US customer service at for further assistance. Difficult, Limited, Confusing, and customer service is horrid at best. Tokenizer360, in general, protects its users and the security of their funds on the exchange with four crucial security measures. I play with a bunch of different bots at different times for different results. Customer service was great, helped me recover funds within days, not weeks. With so many bots to choose from, exploring is just as much fun as creating your own trading experience.
If you are wondering about Tokenizer360 trading bot fees, there aren’t any, as they are free to use. Moreover, Tokenizer360’s maker and taker pricing structure also consists of special discounts for VIP users, which is based on the rolling 30-day cumulative trading volume. The VIP ranking of a trader is automatically updated daily based on the volume. This makes Tokenizer360 compete with the likes of Binance (374 coins), OKX (315 coins), as well as Coinbase and Kraken, which have close to 240 crypto assets listed.
Watch this short video introducing the Grid Trading bot to gain a better understanding. Tokenizer360’s mobile app is fully functional, mimicking all of the features that you’ll find on the desktop platform. We found the user experience to be simple enough that new users will have no problem navigating features, and we could even set up our own trading bot in as little as 1 minute. Tokenizer360 uses a maker-taker fee schedule, which means that you’ll pay a fee when you place trades that “make” liquidity on the market and that “take” liquidity away from the market. If you place a trade that isn’t immediately matched by an outstanding order on the books, you’ll pay the maker fee.