TradeSanta Review 2023: Is It the Best Bot to Trade?

TradeSanta is an automated cryptocurrency trading operator. It is a cloud-based trading software that simplifies crypto trading strategies for everyone with profitable automated trading strategies. In this TradeSanta review, we have checked many features like various types of top trading bots, different trading techniques, advanced trading tools, and technical indicators, which can attract traders for their automated trading easier.

TradeSanta Summary

Official Website https://tradesanta.com/
Established 2018
Available Payment Options Crypto, Credit Cards, Paypal, Visa, Mastercard, American Express
Cloud Based Yes
Supported Exchanges Binance, Binance Futures, Binance US, Okex, Huobi, Upbit, HitBTC, Coinbase Pro
Mobile Support Android and IOS
Plans and Pricing Free | Basic – $25/mo | Advanced – $45/mo | Maximum – $70/mo
Free Trial Available (3 Days)
Affiliate Program No, but it has a referral program
Customer Support Email, Telegram Chat, FAQs, Social Channels Support

Our Recommended Crypto Trading Bot

TradeSanta is a good crypto trading bot that authorizes traders to take positions on both sides- short and long positions. Like other crypto platforms, all your transactions are safe and secure here for automated investing. It offers an easy-to-navigate and handy platform for trading with many benefits and features.

TradeSanta Automated Trading Platform - Dashboard

How Does TradeSanta Work?

To use TradeSanta, traders must first connect their best cryptocurrency exchange account to the platform. They can then create a trading strategy by choosing the exchanges and pairs they want to trade, setting up technical indicators and other rules, and choosing the conditions under which trades should be executed.

Once a strategy is created, users can set it to run automatically or manually execute trades based on the rules they have set up. The platform also provides tools for tracking and analyzing the performance of trades, as well as alerts and notifications to help users stay informed about the status of their trades.

Comprehensive, TradeSanta is developed to make it easier for users to trade cryptocurrency by providing tools and services for automating the process and analyzing the performance of trades.

TradeSanta Review: Pros and Cons

Pros Cons
Over 5,700 crypto pairs are supported. Lacks of support for some major high liquidity exchanges.
Offers Hundreds of trading strategies. Dependability on third-party exchanges.
Large trading volumes available at TradeSanta. Limited exchanges supported.
Charges affordable monthly fees. Limited customization for backtest trading.

Key Features of TradeSanta

Grid and DCA

The platform allows you to choose popular strategies as per your requirements and market conditions. If you choose to take benefit for every buy individually, then GRID bots are perfect for you, but if you choose the average price for all orders, then DCA (dollar cost averaging) is best suited.

The DCA (dollar cost averaging) strategy gives you immediate results; compared to the grid bot, it executes the amount from the entire range of buy orders within a single execution. DCA frequently opts for highly volatile markets. You can use these TradeSanta bots to trade crypto like a professional.

Extra Orders

When market conditions are not in your favor and do not favor your strategy, then extra orders help you make money. Suppose the price action moves against your calculations. In that case, TradeSanta bot executes an extra order to buy/ sell a large number of coins at the market price and tries to assure the expected take profit with a small price fluctuation in the near term.

TradeSanta Features

Long and Short Strategies

TradeSanta authorizes you to simultaneously place automated trading bots along with long and short techniques. The crypto trading bot platform will cover both sides of price fluctuations, positive or negative.

You can set both the long and short strategy bot. When you buy a coin and expect that the price of the coin will go up, then a long strategy is good for you, and when the price drops or you sell a coin with the hope that the price will fall and you will buy it again at a cheaper rate than you will choose a short strategy.

Technical Indicators

TradeSanta has an amazing feature of technical indicators. These indicators help in getting the best optimal entry point based on these indicators. RSI, MACD (moving average convergence divergence), and Bollinger signal are the three indicators provided by TradeSanta to its users. You can choose any one indicator or all three indicators at the same time.

Stop Loss

It reduces the risk of losses. Whenever the market witnesses any unexpected or extreme fall or price rise, a stop loss order gets activated and minimizes the risk of your losses. You can manage your risk by enabling a stop loss order to quit the position if market conditions are not in your favor.

Exchanges

TradeSanta is a trading automation software that currently supports many exchanges. These are Binance, Bittrex, Bitfinex, HitBTC, Huboi and Upbit OXEX.

Exchanges offered by TradeSanta

Trading Bot

TradeSanta offers you the facility of an automated trading bot that observes the crypto markets closely and manages your trades 24/7 without affecting your day trading.

Terminal

Do not waste time navigating your exchange account or exchange accounts from various terminals. Use the free Trading Terminal facility of the TradeSanta platform and control all your cryptocurrency portfolios from one point.

Trading Signal

For a perfect entry and exit of a automated crypto trading bot in the market at the right time, you can use some trading signals like MACD, Bollinger, TradingView Signals, RSI, and many more.

Copy Trading

This facility allows users to improve their trading skills by copying the profitable techniques from experienced traders and advanced traders. You can analyze the performance of bot and copy the best one according to your interest.

TradeSanta Tools: Designed for Better Results!

Futures Trading Bot

These crypto trading bots perform well on both sides (buy or sell) in the futures market and allow traders to create a leveraged position.

Long and Short Trading Bot

With the help of these types of bots (long/short), Traders can experience trading crypto for both markets bull and bear.

Risk Management

Several risk management tools are available on TradeSanta, like stop loss, trailing stop loss, and trading view stop signals, which help users reduce their risk during uncertain market situations.

TradeSanta Crypto Profit Calculator

Demo Bot Trading

Demo bot trading strategy helps users learn how TradeSanta bot work and can also analyze their trading skills without losing real money.

Profit Targets

Set your desired take profit targets, and trading bots will observe the market to execute the deal at the right time with maximum possible profits. The day traders set these profit targets.

Bot Templates

You can use pre-set bot templates to launch a crypto trading bot just for 5 minutes, or you can create your different types of crypto trading bots templates.

How to Get Started on TradeSanta Crypto Trading Bot?

Create an Account

A person who wants to participate in trading activities can register at TradeSanta automated crypto trading platform by following steps.

  1. Go to the TradeSanta website and click on the “Sign Up” button in the top right corner of the page.
  2. Enter your email address and create a password.
  3. Read and agree to the terms of service and privacy policy.
  4. Click the “Sign Up” button to complete the registration process.
  5. Check your email for a confirmation message and follow the instructions to activate your account.

Create and Account with TradeSanta

Complete the process according to the instructions; then, you can log in to your account and place your first bot. Once the account is activated, you can log in and start trading using the platform for creating automated strategies. It is advisable to read and understand the terms of service and privacy policy before creating an account.

Connect a Cryptocurrency Exchange

When registered on the platform, and your account has been activated, you can connect a TradeSanta account with any cryptocurrency exchanges supported by TradeSanta. You will find an Access point category available in the left menu. Pick up all access options and choose the add access button. Create your API key and paste it into your exchange’s account settings. You should remember that an API key and API secret key are mandatory for every access you create.

TradeSanta Mobile App

You can comfortably track your portfolio on your smartphone with the help of the TradeSanta mobile app. This crypto trading app offers you all the necessary functions to manage your bots 24/7. TradeSanta supports mobile applications for both iOS and Android devices. According to major TradeSanta reviews, the interface makes trading easy for traders and we agree. You can easily download the TradeSanta app and get immediate access to your TradeSanta desktop dashboard along with many indicators like all-time profit, total balance, today’s profit, the number of active bots, your plan type, and many more. It lets you track your bots’ performance with the help of informative bot cards.

TradeSanta Mobile App

Plans Available on TradeSanta

If you have liked the TradeSanta’s free plan and wish to join it to earn money, then three types of plans are available on the platform. These plans are:-

Free Basic ($25 per month) Advanced ($45 per month Maximum ($70 per month)
1 Bot Up to 49 Trading Bots Up to 99 number of Bots Unlimited number of Bots
Trading Terminal Unlimited Trading volume Trailing Take Profit Trailing Take Profit
Unlimited number of trading pairs Unlimited Numbers of pairs Unlimited numbers of trading pairs
All types of trading strategies All types of trading strategies All types of trading strategies
Telegram Notifications TradingView Screener Signals Tradingview Screener Signals
Telegram Notifications Custom TradingView Signals
Future Bots
Telegram Notifications

TradeSanta Referral Program

There is an exciting referral program available for TradeSanta users. At TradeSanta you can make money not only by crypto trading but also by earning profit from TradeSanta Referral Program. This reward-based referral program gives 20% off every purchase made by new users. The only thing you need to do is to share your referral link with your relatives and friends. You can easily join this referral program after completing the three following simple steps:-

  1. Open the Settings section of the menu after logging into the account.
  2. Copy the provided referral link and send it to your friends.
  3. When one of them purchases the plan, you receive money for the referral balance.

Income earned by the referral program can be used for other TradeSanta’s services or withdrawn to the wallet. You can transfer any amount to TradeSanta balance; it does not impose any minimum balance requirement, but a minimum withdrawal limit is applicable. At least $30 should be in your balance to withdraw the amount from the external wallet.

TradeSanta Customer Support

The TradeSanta support team has made it possible to make their customers happy by serving them through various channels, including email, live chat, and knowledge base. You can contact the support 24/7 via email at [email protected] or via Telegram. It also offers in-platform support through the Live Chat option, and the live chat team is very quick and responsive. You can also visit the FAQ page on the official website for general queries. The performance of the TradeSanta team is quite satisfactory; they are trained professionals and solve all the queries efficiently.

TradeSanta Telegram Chat Support

TradeSanta Review: Conclusion 

To conclude this TradeSanta review, it is a cloud-based platform for crypto trading, providing automated trading bots, tools and services for cryptocurrency trading on the most popular crypto exchanges. It allows the traders to easily create and backtest a trading strategy, user-friendly interface, manual trading strategies, API keys, different types of bot options (grid bot and DCA bot), trading pair, set-up alerts, and automated trades based on predefined rules. TradeSanta offers 4 different plans to meet the needs of different users to simplify crypto trading. It offers good support to the customer through email, live chat, and a knowledge base.

Whether TradeSanta is a good trading bot to choose while looking for automated trading software for you or a particular user depends on their specific needs and goals. It is always important to carefully consider its features and capability, doing your own research before using it. As with any investment advice, there is the risk of losses when trading cryptocurrency with a robot, and it is important to understand the risks.

FAQs

Is TradeSanta Legit?

Yes, TradeSanta is a legitimate cloud-based platform that uses two-factor authentication for the login process and an API key to grant trade permissions. It never grants withdrawal permissions. Its crypto bots only place orders on the client’s behalf and never withdraw funds from the client’s account.

How Long Does It Take to Set Up a Trading Bot on TradeSanta?

It takes less than 10 minutes to get started with TradeSanta. It also depends on how user-friendly the platform is, while some may require more time and effort to configure.

What Kind of Support Options Does TradeSanta Offer?

It offers email support, a live chat option, and Telegram messaging facility. According to the company’s website, their customer support team is available 24/7 and is dedicated to providing quick and helpful responses to user inquiries.

Does TradeSanta Offer a Free Trial?

Yes, it offers a free trial version, but it provides access to only up to two bots. It is worth noticing that the free trial is intended to allow traders to evaluate the platform and see if it meets their needs.

Back to top button