Serving as one of the leading cryptocurrency exchanges in the European market, HitBTC has broadcasted the news of its strategic partnership with TradeSanta, the cloud software solution that allows us to create and manage bots efficiently.
As per the announcement, the highly anticipated collaboration was chalked out on September 26, 2019, and it was decided that post the alliance the users of the crypto exchange, HitBTC will get the opportunity to trade at 0% trading fee.
To take advantage of the newly entered partnership, the investors will have to log in to the TradeSanta official website from where they will be able to purchase the HitBTC promo pack worth $20 for a month. This plan allows users to not just trade on HitBTC with 0% Taker and Maker charges but also exposes them to the array of benefits, including the creation of up to 50 bots, putting into use an unlimited number of pairs and strategies, etc.
In the present scenario, the HitBTC traders have to pay 0.1% Maker fees and 0.2% Taker fees. The users who have an upgrade must pay 0.07% if the trading volume is less than or equal to one Bitcoin (BTC). Further, if the volume is less than or equal to 10 Bitcoins (BTC), the amount decreases to 0.06% in Maker fees and 0.07% in Taker fees.
But with the team-up between the two leading platforms, the users will be able to enjoy free of cost trading on the exchange as well as they will also be subjected to employ the functionality of TradeSanta’s trading bots, which are studded with a wide range of advantages.
Interestingly, the trading bots can manage a substantial number of orders in comparison to humans who have limited capabilities. Also, one can place orders at any time 24/7, and the deals are closed without any prejudice. Trading bots keep track of order books and scrutinize market indicators as well which in turn aid in understanding the market fluctuations and maximizing profits.
HitBTC, on the other hand, is the largest spot trading platform in the space working with over 800 trading pairs along with lending support to 500+ spot instruments including Bitcoin, Ethereum, Litecoin, EOS, TRON, and others.