TradeSanta is a crypto trading bot that offers a very intuitive platform for users, moreover, you can set up your first bot in few minutes and start earning Bitcoin or other cryptocurrencies. It might sound too good to be true. In this TradeSanta review, we are going to deep dive and look for the pros and cons of the automated trading platform.
Why You Should Use Trading Bot
Automated trading tools are not only hot, but in some cases very useful. Crypto exchanges don’t offer many advanced tools and they usually provide basic buy and sell orders with stop limit or take profit features. For investors who want to day trade or take profit on high numbers of small trades that can be a big problem.
That’s one reason for using a crypto trading bot.
Other reasons may include:
- Efficiency and Speed
- Automated functions
- Never sleeps, trading 24/7
- No emotions
TradeSanta review
TradeSanta is a cloud-based software designed to automate your cryptocurrency trading strategy. The platform can make money in both rising and falling market conditions.
History
TradeSanta is a brand for a cryptocurrency trading bot. The company is based in the United States and launch its service in 2019. Because of the bear market in the cryptocurrency segment, there wasn’t much promotion on the internet. You could notice a big advertisement in 2020 when Bitcoin price reached its all-time high.
How Does TradeSanta Work?
Once your trading bot is set up and ready to buy and sell cryptocurrencies, it will open a deal either immediately or after a signal from technical indicators is received.
Trading tools and strategy
TradeSanta provides a very easy but effective way how to set up a trading strategy. It offers the three automated options:
- Long trades
- Short trades
- Custom
In long trades, you speculate on raising the price of the cryptocurrency. On the opposite, short trades are profitable when the price of a cryptocurrency goes down.
Advanced features and tools
- Grid strategy
- DCA strategy
- Stop loss
- Extra orders
- Martingale
- Technical indicators (MACD, RSI, Bollinger signal)
- Day filter
- Volume filter
TradeSanta Pricing
How much crypto trading bot TradeSanta costs? TradeSanta is paid service and even though there are free crypto trading tools on the market, it might be better to use a paid service because it also means additional quality, professional service, and reliable custom service.
Free plan
TradeSanta used to offer a full free plan in 2020 that included 5 bots. Nowadays in 2021, there is still a free plan, but just a 3 days trial. You can still try out the platform at zero costs.
Basic plan
The Basic plan TradeSanta comes with the following features:
- Up to 49 bots
- Unlimited trading volume
- Unlimited number of pairs
- All strategies
- Telegram-notifications
- General support
The Maximum plan costs $14 / month when purchased annually.
Advanced plan
The Advanced plan TradeSanta comes with the following features:
- Up to 99 bots
- Trailing Take Profit
- Unlimited trading volume
- Unlimited number of pairs
- All strategies
- Telegram-notifications
- New Statistics
The Advanced plan costs $20 / month when purchased annually.
Maximum plan
The Maximum plan TradeSanta comes with the following features:
- Unlimited number of bots
- Trailing
- Take Profit
- Unlimited trading volume
- Unlimited number of pairs
- All strategies
- Telegram-notifications
- New Statistics
The Maximum plan costs $30 / month when purchased annually.
How to purchase a paid plan?
After you register on TradeSanta, you need to top up your balance. Specify the amount in USD how much do you want to top up based on the chosen plan.
You can pay for one month, 3 months, 6 months, or 12 months. The twelve months plan comes with a 50% discount and it is the most favorite plan.
Check or uncheck Auto prolongation of your plan based on your preferences.
What exchanges TradeSanta support
The platform TradeSanta works with crypto exchanges Binance, HitBTC, Bittrex, Bitfinex, Upbit, Huobi, BitMex, OKEX and will expand its supported exchanges in the future.
Binance is the major cryptocurrency exchange and because of its high liquidity and stable platform is the most used among crypto investors. Read our full transparent Binance review.
Is TradeSanta safe?
Using a trading bot might be risky, so you should consider what trading bot you using and how safe is your asset.
One of the most common questions when reviewing crypto trading platforms is, how safe is my Bitcoin and other cryptocurrencies if I use TradeSanta.
TradeSanta provides also a mobile app that can be very handy for quick editing of your bots on the way.
How to Register on TradeSanta
Registration on TradeSanta is an easy two-steps process.
1.Registration
Registering via our affiliate link. You’ll get 3 days free trial with a Basic plan. Moreover, you will get our support during setting up your bots, providing our trading strategy and trading pairs for cryptocurrency.
- Fill out your Username, E-mail and your new Password.
- Check a captcha to verify that you are a human.
- Click the Sign up button.
2. Verification
Verify your account by following the instructions sent to your e-mail address. Simply click on the link in the e-mail you will receive after registration.
- You should receive an email with the subject: Trade Santa account confirmation required
- Click the button Confirm email
- You will be redirected to the TradeSanta website with a confirmation that you are verified.
TradeSanta doesn’t require KYC so you don’t need to fill out your real name. You don’t provide your home address nor upload your ID. Indeed it is a great thing that you can register your account without any KYC process.
Start trading on TradeSanta
- Connect TradeSanta to your crypto exchange
- Create a bot
Is TradeSanta the best trading bot?
There are a lot of options for crypto investors who want to trade with automated tools. TradeSanta provides the easiest platform to create an automated bot with pre-made rules. It is great for beginners and those who want to maximalize their profit in the cryptocurrency market.
Read my transparent report from the first month using TradeSanta trading bots with my personal settings and profits.
Trading bots are not for everyone and are not certainly for those who want just to buy and hodl Bitcoin or other cryptocurrencies.
