TradeSanta provides an effective terminal, trading signals, and bots for users. The vendor promises faster operation and enhanced results. As per the vendor, this is a one-stop solution for crypto users offering features like bots, a mobile app, signals, terminal, and more. The service is equipped with all the tools needed for achieving better results like risk management, templates, TP target levels, etc.
TradeSanta: what is it?
This is a cloud trading service that provides automated features that allow traders to efficiently transact on important exchanges and make huge profits. The main objective of the company is to ensure automated bots are available for traders of all experience levels so they can increase their profit. New features are introduced every month to ensure easy access and efficient operation by traders.
The platform offers three plans, Basic plan ($25/month), Advanced plan ($45/month), and Maximum plan ($70/month). New users are eligible for a free trial of 3 days. An unlimited number of pairs and access points are common to the plans and they differ only in the features and number of bots you get.
Background of TradeSanta
Founded in 2018, the company has since expanded to many countries across the globe. Its extensive marketplaces all over the world help you connect to exchanges efficiently. The advanced tools of the company make sure you make use of them to boost your profits. We could not find the vendor location although the vendor provides the company name and number.
Official TradeSanta website
As per the vendor, the interface is powerfully designed with distinguishable features that ensure easy automation and effective results. The website is well-designed with several sections on the technical indicators, exchanges, FAQ, roadmap, tutorials, and more.
How does it help to make money?
On purchasing and setting up the system, you can start your crypto transactions. The bot opens an order immediately or when you get a technical indicator-reated signal. For order entry, the bot buys the base currency you have entered in the settings.
On execution, the bot places the TP and additional orders. In the case of the price moving in the opposite direction than in which you chose it to move, the bot executes an additional order. The TP is lowered for the new order. With the extra orders, the bot capitalizes on the changing prices and adapts the strategy based on the prevailing market conditions.
How easy to use is it?
Here are the steps to start using the bot:
- To use the bot, you need to set up an access point. Signup with the official site, connect to the exchange you have an account in, or create a new one if you don’t have an account. Use the access points section on the official site
- Next, configure the parameters. Choose the pair you want to trade, the strategy, TP, and other features
- The Wizard will assist you with the process
- You can also use the templates to start using the bot efficiently
What about the privacy and security of TradeSanta?
To ensure your account and personal data are safe, the company conducts regular security audits. It works only with reputed exchanges and the API keys are used only for trading and the company cannot access your funds or withdraw them.
What is the profitability of TradeSanta?
As per the vendor, the profits you generate with the bots are based on the parameters you choose for the trading. A few examples are present on the official site displaying the results of the bots in the previous months. But these are not verified results so we are unable to assess their reliability.
What exchanges does it support?
The main platforms the bot supports are:
- Coinsbase Pro
You can link to any of the above exchanges and the bot will place orders for you via the API keys you create in your exchange account.
How is customer service?
For customer support, the vendor offers an FAQ section, aTelegram group, a YouTube channel, and an email address.
What are the pros and cons of trading with TradeSanta?
- Offers a wide range of features
- Easy installation and use
- Only a few supported exchanges
Is TradeSanta right for you?
The 3-day trial, demo account feature, risk management, bot templates, and guides are features that ensure newbies find it easy to use the bot. Professionals will find the strategies, spot and futures trading, and TP targets beneficial.
TradeSanta conclusion: a user-friendly bot ideal for beginners
TradeSanta offers an extensive range of features designed to make trading simple and profitable. The user-friendly design, features that help to improve performance, and safety features are important advantages the service offers to users. Other benefits of using this bot include the trading community that allows you to share strategies and tips to enhance your trading and the referral program that helps you earn up to a 20% bonus.