Pricing
- Basic plan – $25/month or yearly at $18/month
- Advanced plan – $45/month or yearly at $32/month
- Maximum plan- $90/month or yearly at $45/month
Supported Exchanges
9
Platform
Web, Mobile
Education
Yes – https://tradesanta.com/blog/
Customer Service
Email, Telegram
Pros:
- Beginner-friendly bot templates.
- Copy trading with other users.
- Short selling crypto with bots.
- Affordable crypto trading bot plans
- Mobile app for crypto trading.
Cons:
- Short TradeSanta free trial of just 3 days.
- Compatibility with only nine cryptocurrency exchanges.
TradeSanta Review
Thinking about using TradeSanta to automate your crypto trading? In this comprehensive TradeSanta review, we’ll break down everything you need to know: pricing plans, supported exchanges, features, and ease of use. We’ll also explore who TradeSanta is best suited for and its potential drawbacks. By the end, you’ll be able to decide if TradeSanta is the right automated trading platform to elevate your crypto strategy.
About TradeSanta?
Launched in late 2018, TradeSanta is a cloud-based platform facilitating automated trading on major cryptocurrency exchanges. It quickly became a gateway for countless investors to explore the world of automated cryptocurrency trading.
In 2020, TradeSanta expanded its reach by adding more exchanges and introducing advanced features. Their aim is to democratize the booming crypto market, making sophisticated automated trading tools accessible to traders at all levels.
TradeSanta is renowned for its straightforward yet powerful interface, equipped with all the necessary tools to automate your trading effectively.
Who Should Use TradeSanta?
TradeSanta caters to a broad spectrum of crypto enthusiasts, encompassing both newcomers and seasoned veterans.
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New to Crypto or Algorithmic Trading? TradeSanta shines with its intuitive interface and readily available bot templates. These pre-configured options allow you to get started with automated trading quickly, even without prior coding experience. The platform also boasts a supportive online community where you can learn from other users and ask questions.
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Experienced Crypto Trader Seeking Automation? TradeSanta can streamline your trading activities by automating your existing strategies. It offers a variety of bot types, including Grid Bots and DCA bots, catering to different trading goals. Additionally, the platform integrates with popular exchanges and provides mobile app access, allowing you to manage your bots on the go.
Is TradeSanta Safe?
Security is a major concern for any crypto trading platform. Here’s what you need to know about TradeSanta:
- Secure Platform: TradeSanta prioritizes security with regular checks on their website.
- Exchange Security: They partner with reputable exchanges known for strong security measures.
- API Access: The bot uses API keys, which grant trading permissions but cannot withdraw your funds directly. You remain in control of your assets.
- Choose Your Exchange: For optimal security, TradeSanta recommends selecting an exchange that aligns with your security preferences.
TradeSanta Platform & Features
Currently, TradeSanta users have the option to develop three unique trading strategies:
Smart Orders
Designed for those holding a significant amount of cryptocurrency, Smart Orders aim to optimize investment strategies. Attempting to sell large crypto quantities at once might not yield the desired returns due to potential market limitations in buyer availability. Smart Orders strategize selling a specific amount of cryptocurrency at the current market price within a set timeframe. Users select the currency pair and amount to trade, and TradeSanta’s bot takes over, managing the order placements and book monitoring. This approach enhances the chances of achieving the desired sale amount.
Grid Bot
Unlike the one-time smart order bot, the grid bot functions on an ongoing basis. After setting its parameters to maximize profits, the grid bot continuously scans the market for lucrative opportunities. When it identifies them, it automatically buys from the market. The bot will hold onto the purchased quantity until it can achieve a predetermined profit level. Rather than speculating on market increases, the grid bot sticks to its instructions and secures the profits it’s set to target.
Dollar Cost Averaging
This strategy involves instructing the bot to sell multiple orders at a higher consistent price, similar to the grid strategy but distinct in approach. While the grid bot evaluates each trade individually, dollar cost averaging aggregates several trades, aiming for an overall profitable outcome. This method is somewhat more aggressive in its profit-seeking compared to the grid bot.
Support for Popular Exchanges
TradeSanta automates crypto trading strategies on major exchanges including:
- Binance
- FTX
- Binance US
- Okex
- Huobi
- ByBit
- HitBTC
- Coinbase Pro
- Kraken
TradeSanta plans to expand its supported exchange list in the near future.
Mobile App
TradeSanta differentiates itself in the automated trading system market by offering a mobile app. This app provides the same functionalities as the desktop version, ensuring seamless control and monitoring of your trading activities. Available for both Android and iOS devices, the app allows users to manage their bots and customize notification settings for ongoing trading oversight.
Ease of Use: Perfect for Beginners and Experienced Traders Alike
The true value of a top-performing crypto trading bot lies in its accessibility to the average crypto trader. Recognizing this, TradeSanta has focused intensely on crafting a user-friendly experience, with bots that are straightforward to operate, catering to traders of varying skill levels.
For example, TradeSanta offers pre-configured versions of each strategy, allowing users to simply activate, target, and let the bots run to accumulate profits. This process is quick and easy, typically taking only a few minutes to set up. Users have the option to monitor their bots’ progress and withdraw earnings as they accumulate.
Additionally, TradeSanta provides detailed guides and tutorials on its website, designed to answer any questions that might arise. For instances where this isn’t enough, TradeSanta’s community is known for its supportive nature, often stepping in to assist fellow members. The platform is widely recognized for its seamless operation and ease of use.
TradeSanta Pricing
TradeSanta offers three subscription plans:
- Basic Plan: Includes up to 49 bots, unlimited trading pairs, all strategies, and Telegram notifications. Priced at $25/month or $18/month when billed annually.
- Advanced Plan: Supports up to 99 bots and includes all features of the Basic plan plus Trailing Take Profit and TradingView Screener signals. Costs $45/month or $32/month on an annual basis.
- Maximum Plan: Provides an unlimited number of bots and includes all features of the Advanced plan, plus custom TradingView signals and Futures bots. Available for $90/month or $45/month when billed yearly.
Every new user gets a 3-day trial of the Maximum bundle to experience the full range of features.
How to Open An Account?
- Begin by visiting https://tradesanta.com/en/signup and entering your desired username, email address, and password.
- The next step is to verify your email. Follow the instructions sent to your email address for account verification. If you haven’t received the email, check your spam or junk mail folder.
Conclusion: TradeSanta – Simplifying Crypto Automation
TradeSanta removes the complexity of automated crypto trading. Its user-friendly interface and pre-configured bot templates make it ideal for beginners. Experienced traders can leverage automation to streamline existing strategies. While a formal tutorial might be helpful for some, TradeSanta’s intuitive design allows users to jump in quickly.
Ready to Try Automated Crypto Trading?
With its three-day free trial, TradeSanta offers a risk-free way to explore the platform and see if it aligns with your trading goals. Sign up today and discover how TradeSanta can automate your crypto trading strategy.
