The web’s most detailed TradeSanta review: One of the most beginner-friendly automated crypto trading software on the market is quickly becoming a well-known player in the new trading technology space. TradeSanta offers a seamless experience when it comes to automated crypto trading where you get to try your strategies risk-free with a demo practice tool before you choose one of several simple and advanced bots to trade for you. Our expert took on the task to find out exactly why traders and investors are lining up to automate their portfolios on TradeSanta. Keep reading to learn all you need to know about this innovative platform.
In this section of our TradeSanta review we highlight 6 special features that deserves extra attention.
TradeSanta is a could-based cryptocurrency trading software that specializes in automated trading and is connected to some of the most known exchanges such as Binance, Coinbase Pro, and OKEX. It’s a beginner-friendly platform that suits all kinds of traders who are looking to automate their crypto trading strategies with a bot. The only thing required to get started is a subscription and an API key from the exchange you want to connect and you are ready to go.
The team behind TradeSanta had one thing in mind while creating the platform and that was to make automated crypto trading accessible for traders everywhere, at all levels, and to give the crypto community a chance to leverage new trading technology in a seamless way. This is an innovative platform that keeps updating every month with new features to keep up with this fast-paced trend of automated cryptocurrency trading.
Why use TradeSanta
TradeSanta is suited for all traders at all levels of experience due to a seamless and easy-to-use interface which is something that we like to see since it gives opportunity to anyone regardless of skill level. Crypto traders and investors who are at the forefront of crypto trading technology will enjoy TradeSanta’s bot selection, explanatory video tutorials, and the dashboard for keeping track of all your active bots.
From the dashboard, you will be able to follow realized profit, top pairs, and the full balance dynamics of your account. Some immediate benefits of using TradeSanta are the favorable pricing plan, the opportunity to trade your bots from a mobile app, and smart orders that let you sell large amounts of cryptocurrencies without moving the market.
Trading on TradeSanta
TradeSanta is among the first automated crypto trading software that offers a demo practice tool to see if your bot is working as it should, completely risk-free. This is a fantastic tool that any trader can use once from the moment they sign up. TradeSanta does not charge a trading fee. Depending on what exchange you are connected to you will pay the trading fee on that exchange and no extra fees are charged from the TradeSanta platform.
TradeSanta offers three different plans:
- Basic Free trial – Up to 49 bots, unlimited numbers of pairs, telegram-notifications.
- Advanced $20/month – Up to 99 bots, trailing take profit, TradingView signals, all technical indicators.
- Maximum $30/month – Unilimited bots, unlimited number of pairs, TradingView signals, all technical indicators, Telegram notifications, all strategies.
TradeSanta has also incorporated a TradingView chart that lets you analyze all the different coins on each exchange with all technical indicators and drawing tools you need to make accurate decisions. Adding to this arsenal of features, there is a quick manual trading tool where you can instantly trade crypto to crypto if you are only looking to exchange between coins. This is something that we don’t often see on automated platforms, good job TradeSanta!
Before starting out, TradeSanta offers a free trial to give you time to learn how the platform works.
Payment methods and limits
TradeSanta currently accepts payments for subscription plans with cryptocurrencies. There is no option to withdraw funds from the platform hence there is no minimum deposit, no minimum withdrawal, or maximum withdrawal limit. All coins you are trading will stay on the exchange that you have connected, for example, Binance or Coinbase Pro.
Things we don’t like
Automated crypto trading bots might seem a little bit confusing and I really think that the TradeSanta team has done a splendid job of making the platform very user-friendly. However, a live chat with a human representative would add the extra help new traders need with some complex issues that arise when just starting out.
An option to deposit with fiat currencies would make onboarding a lot easier. The option to pay for subscription plans with credit or debit cards is something I would love to see on TradeSanta.
These are minor pitfalls and will not change the fact that TradeSanta is a unique and innovative crypto trading platform that leverages new technology to make investing and trading in the cryptocurrency market easy accessible for everyone.
I highly recommend everyone who is interested in automating cryptocurrency trading to give TradeSanta a try, I’m confident that you will like it!
About the special features on TradeSanta
This automated cryptocurrency trading software is packed with interesting features that will make any trader stay glued in front of the screen for hours. Some important features that require extra attention are the mobile app for cryptocurrency trading bots, a very fast registration process, short selling with trading bots, easy-to-follow video guides, and the virtual trading environment that lets you automate your strategies without risk.
TradeSanta offers very fast order execution through some of the best exchanges in the world and when it comes to slippage it’s safe to say that it’s at a minimum, even through volatile periods. Some great order types offered by TradeSanta are trailing stop loss and trailing take profit.
DCA Bots and Grid Bots
There are two kinds of bots you can use on TradeSanta called DCA (dollar cost averaging) bots or Grid bots. They work in two different ways where the DCA bot can add one take profit order for the total volume of all first orders with an average price and take profit %. The Grid bot will execute separate orders while taking profit for the first order.
Futures Bots (test mode)
The Futures bots are connected to the future’s platform on Binance which lets you trade with x10 leverage for increased risk and profit potential. This is a superb tool for experienced traders who are comfortable with the increased risk for a 10 times bigger reward.
TradeSanta Virtual Trading
This feature is very neat and it lets you enter the virtual trading tool where you can practice with a demo bot completely risk-free. Use this tool to get started with a new strategy and see how it performs. It’s the safest way to get started with automated trading and TradeSanta offers this to all traders.
TradeSanta Smart Orders
The smart orders on TradeSanta are designed to optimize selling a specific amount of crypto at current price levels but it’s split over a period of time. All you have to do is to choose a pair you want to trade and then choose the amount you want. The bot will then take over and use all technical aspects by placing orders and staying on top of the exchange’s order book.
This is a very useful tool for large traders who wants to sell large amounts of cryptocurrencies without affecting the price. The bot will control the selling and only sell when there is sufficient volume to cover your trade.
This is a very smart feature that lets you get notified when your bots buy or sell through Telegram. If you are away from your computer all you need is access to Telegram and you will have 100% uptime on what’s going on with all your bots on TradeSanta.
TradeSanta Mobile App for Automted Crypto Trading
I’ve downloaded the app and tested it my self and I must say that I’m impressed with the interface. It’s easy to use, all features are readily available in the main menu, and have the same control over your bots on the mobile app as you have on the web platform. This is one of the first mobile apps for automated cryptocurrency trading I’ve seen.
Is TradeSanta a regulated platform?
No, TradeSanta is a non-regulated cloud-based cryptocurrency trading software.
Is TradeSanta safe?
Yes, we consider this platform to be safe and trustworthy. Considering the exchange partners we are confident that TradeSanta is a reputable software with high credibility. 2fa verification is also an option that you can add to cement the security of your account.
Frequently asked questions
Read the most frequently asked questions about TradeSanta. Find answers without searching the web.
It's not possible to withdraw funds from the platform since there are no digital assets or fiat currencies stored on the platform. All your funds will be stored on the exchange you have connected to your account and if you want to withdraw any gains you need to hear over to that exchange and request a withdrawal.
No, this is not an exchange that is connected to the software.
It's very easy. First, create your account which takes less than 2 minutes. Secondly, when you are on the main dashboard click Subscription on the left-hand menu bar. Thirdly, click "Top up" at the top of the page. This will open a popup window where you get to choose which cryptocurrency you want to use to top up your account. Select the amount and your preferred digital asset and click "Top up". Lastly, send the right amount of your selected cryptocurrency to the designated wallet address that is displayed on the screen. This amount will be converted to USD and added to your balance. Now, when your balance has been updated you can proceed to choose to upgrade to the specific TradeSanta plan of choice.
No, it's not. However, the pricing plans for this software are very favorable compared to many other automated crypto software on the market.
Yes, this is one of the premier crypto software for automated trading and bots. Try it out in a virtual risk-free environment before you decide to buy a subscription.
It's very easy to get started. First, create your account and then choose which subscription plan you want to use. Then, top up your account before paying for your plan. From here you are free to choose which bots you want to use and what strategy you are comfortable with.
The benefit of choosing TradeSanta before other crypto trading bots is the fact that the pricing plans are very cheap, you have the option to trade risk-free in the demo mode, and you can use the software in a mobile app which is not very common.