TradeSanta offers all the essential features you need for efficient and profitable trading. Trading signals, a powerful terminal, and bots are used by the platform that enables faster operation and maximum returns. As per the vendor, the trading bots suit traders with any experience level.
What is TradeSanta?
It is a cloud-based service that provides an automated trading method on major exchanges for users. The platform has a user-friendly interface that has all features needed for automated and profitable trading.
How does TradeSanta help traders?
Upon setting the bot for entries and exits, it opens an order directly or using the signal from the technical indicators used. After the initial order is initiated and is open, the bot places a TP order and many extra orders. Whenever the price moves against the approach used, an extra order is executed and a fresh order placed. The TP level is lowered when the orders are placed. With the extra orders, the bot exploits the market momentum and adapts its approach accordingly.
TradeSanta’s main features
Some of the main features of the bot are:
- You can choose a strategy that fits your style of trading and the market conditions. The bot executed the trades whether you choose to use the grid method or the average profit of all your orders (DCA).
- The bot uses short and long approaches at the same time covering all directions of price movement.
- With the extra order feature, the bot makes a profit even in a fluctuating market.
- MACD, RSI, and Bollinger Bands are used separately or simultaneously for optimal entries.
- SL feature is present for managing risks in the case of a deal going against your approa
Ease of use
The bot interface is user-friendly. You can navigate the site easily and quickly due to the good UI design.
Technical indicators, Stop loss, stop signals, and Trailing stop loss are some of the settings the bot uses for managing risk and ensuring efficient trading. Trailing or simple TP levels allows the bot to close deals with maximum profits.
Safety and security
As per the vendor, safety and security are the main priorities of the company. The bots have access to your funds only via the API keys that have trading access only and no withdrawal access.
For support, the vendor provides a Telegram link, YouTube link, and an email address. An FAQ section is present with common user queries and their answers.
We found 46 reviews for the company on the Trustpilot site with a rating of 4.1/5. From the feedback, it is clear that the bots are performing well and the support is good.
Using the bot does not guarantee profitable results as profits depend on the trading expertise and knowledge. However as per the vendor, the bot is designed to reduce the risks involved. Further, it saves time and allows easy and fast trading. The vendor claims that the bot aims to save time, and trade easier and faster.
What does it cost to use TradeSanta?
Three pricing plans are present for the service. The basic plan costs $25/month and features 49 bots. An advanced plan costing $45/month with 99 bots and the Maximum plan costing $70 per month with an unlimited number of bots are the other pricing plans. When you pay annually, the prices are $15, $27, and $35 respectively for the Basic, Advanced, and Maximum plans. When compared to the market average the pricing is affordable.
TradeSanta supported exchanges
The supported exchanges for this platform are:
- Binance Futures
- Coinbase Pro
In addition to supporting some of the major exchanges, users can connect to multiple exchanges and run the automated bot on them simultaneously.
Deposit & withdrawal requirements
Since the funds are handled by your exchange, the bot does not have deposit or withdrawal requirements. The bots can access your account via API keys for trading purposes only.
How to get started on TradeSanta?
Getting started on the platform is simple and easy. Here are the steps to follow:
- Register an account on the official site
- Create a bot using the Wizard feature
- Set up an access point by connecting the bot to your exchange
- Configure bot parameters
- Choose a trading pair, strategy, TP level, and other related settings
The Wizard helps in the entire process. Additionally, the templates make it easier to start trading.
The core team of TradeSanta
The company was started in 2018 and has been introducing automated trading to thousands of users. Team members have enabled easy access to the platform for all traders and ensure profit from efficient trading.
TradeSanta Crypto BotTradeSanta
Key Features7/10 Good
Price8/10 Very good
Security and Reliability8/10 Very good
Customer Support8/10 Very good
Public Experience7/10 Good
- Customizable and preset strategies
- Multiple exchange support
- Mobile app
- Affordable pricing
- Simple and user-friendly dashboard
- No verified track record