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
Customer Service
Email, Telegram
Pros
- Pre-set trading bots
- Massive online social trading platform.
- Bots can execute long and short trades.
- Affordable plan
- Easy to use
Cons
- 3 days only trial
- Only 9 exchanges
TradeSanta Review
Creating a trading bot is now a breeze with TradeSanta’s help. Though there have been other trading bot services, Trade Santa has managed to do something truly innovative. People who aren’t familiar with trading bots may now easily create their own. They help users create cryptocurrency trading bots by providing template bots and a wealth of tooltips.
If you’re on the fence about whether or not to go with them, this review will shed light on the platform’s features, cost, and more.
About TradeSanta?
TradeSanta is a cloud-based trading software that allows investors to automate their trades on major exchanges.
In the fall of 2018, they opened their doors to their first clients. TradeSanta has been introducing thousands of cryptocurrency investors to automated trading for several years.
By integrating with additional exchanges in 2020, TradeSanta has increased the number of automated markets available to its consumers and added some powerful new features.
TradeSanta’s mission is to broaden participation in the rapidly expanding crypto market by making high-quality automated trading tools available to traders of all skill levels.
TradeSanta stands out from the crowd thanks to its user-friendly, yet sophisticated interface that gives you everything you need to fully automate your trading.
Who Should Use TradeSanta?
For automated or cryptocurrency beginners who want to get started quickly and learn as they go, TradeSanta is fantastic. However, it is also appropriate for intermediate to experienced traders who are familiar with the cryptocurrency markets and have developed strategies but simply want a platform that will handle the actual bot programming for them.
Is TradeSanta Safe?
Its website, TradeSanta, undergoes routine security checks. You may trust that they have taken every precaution to make crypto trading as safe as possible for you. For its part, TradeSanta exclusively partners with reputable exchanges known for their stringent safety measures. The bot can only make trades if given access to the API. Neither TradeSanta nor any automated trading software will be able to access your personal funds. In all circumstances, you retain complete command over your assets. Additionally, they advise picking an exchange that fits your needs for the sake of safety.
TradeSanta Platform & Features
TradeSanta Features
TradeSanta customers may develop three distinct trading strategies at the moment.
Smart Orders
The purpose of Smart Orders is to help those who have accumulated a sizable amount of cryptocurrencies but are unsure of the best methods to invest in them. If you try to sell a lot of crypto at once, you might not get back as much as you intended. You should be aware that the market for your sell order may not have enough willing buyers. Therefore, the goal of the Smart Order is to sell a certain quantity of cryptocurrencies at the current price level within a given time frame. Pick the currency pair and the amount you want to exchange. The TradeSanta cryptocurrency trading bot will handle the technical details, including placing orders and monitoring the order book on your behalf. By doing so, you increase the likelihood of successfully obtaining the target sum.
Grid Bot
A smart order bot is more of a one-time thing whereas the grid bot is more of a continuous thing. You instruct the grid bot to maximize profits by setting its parameters. When activated, the grid bot scours the market for profitable openings. If it does, the program will automatically purchase some from the market. Before the bot is confident it can make a certain profit, it will wait to sell any given quantity. For example, the grid bot is not greedy in the sense that it would hold on to a position in the market in the hopes of a price increase. The grid bot complies with the instructions and takes the profits that it was instructed to take.
Dollar Cost Averaging
By instructing the robot to sell several orders at the same higher price, Dollar Cost Averaging is similar to the grid strategy. In contrast to dollar cost averaging, which averages out several trades into one, the grid bot only considers each trade individually. In comparison to the grid bot, this approach is more greedy.
Support for Popular Exchanges
TradeSanta completely automates crypto trading methods on significant exchanges such as:
- Binance
- FTX
- Binance US
- Okex
- Huobi
- ByBit
- HitBTC
- Coinbase Pro
- Kraken
In the near future, they will keep growing their list of supported exchanges.
Mobile App
For automated trading systems, TradeSanta stands out for being one of the few to provide a mobile app.
After installation, the mobile app provides access to the same set of features and functions as in the desktop version.
This software, accessible on both Android and iOS devices, allows you to keep tabs on all of your bots and provides extensive control over notification settings.
Ease of Use
If the top-performing, most promising crypto trading bot is unavailable to the average crypto trader, its superior performance and potential are moot.
TradeSanta is a cryptocurrency trading platform that has gone to great efforts to create a smooth user experience and simple-to-operate bots, catering to traders of all expertise levels.
For instance, every strategy has a pre-programmed version that users may activate, aim at, and let run to generate profits.
The entire procedure takes only a few minutes, and then all the users have to do is monitor the progress (optionally) and withdraw the money after it has accumulated.
In addition, the site features in-depth instructions and tutorials that should be able to address any concerns that may arise.
Whenever this isn’t enough, the community rushes to the aid of its members.
TradeSanta has been praised for its smooth operation and user-friendliness.
TradeSanta Pricing
TradeSanta has 3 plans: the Basic plan, which has a cap of 49 bots and costs $25/month; the Advanced plan, which has a cap of 99 bots and costs $45/month; and the Maximum plan, which has no cap and costs $90/month. The cost of the plans is $18, $32, or $45 if purchased annually.
All paid plans come with an unlimited amount of trading pairs and access points, with the number of bots and features being the main differences between the plans. Every new user receives a 3-day trial of the Maximum bundle.
Basic
- Up to 49 bots
- Unlimited number of pairs
- All strategies
- Telegram-notifications
$25 / month or yearly at $18/month
Advanced
- Up to 99 bots
- Unlimited number of pairs
- All strategies
- Telegram-notifications
- Trailing Take Profit
- TradingView Screener signals
$45 / month or yearly at $32/month
Maximum
- Unlimited number of bots
- Unlimited number of pairs
- All strategies
- Telegram-notifications
- Trailing Take Profit
- TradingView Screener signals
- Custom TradingView signals
- Futures bots
$90 / month or yearly at $45/month
How to Open An Account?
The first step is to click the link. https://tradesanta.com/en/signup and enter your password, email address, and user name.
Step two is to confirm your email. Follow the instructions issued to your email address to verify your account. Check your spam or junk mail folder if you didn’t receive this email.
In Conclusion
Trading of this nature often needs a lesson before it is undertaken by a novice trader; however, TradeSanta has not yet offered such a tutorial. The developers of this software probably didn’t even consider including a tutorial because it’s so intuitive.
Even without any prior knowledge of computer programming, traders can create successful bots. Traders who already have a solid grasp of the crypto market and have spent time crafting manual trading techniques may find TradeSanta particularly useful.
TradeSanta offers a free trial period of three days which you can take advantage of to determine if their service is right for you and your investment portfolio.
