TradeSanta Review
⭐⭐⭐ Also, don't miss out on the exclusive referral bonus ⭐⭐⭐
8.7
✅ Bots execute both long and short trades using pre-programmed or customizable strategies.
✅ It uses an all-in-one terminal window to place manual orders on multiple exchanges.
✅ You can download the app to manage and track your trading bots from anywhere and at any time. Everything can be done on the move.
✅ It chooses from MACD, RSI, Bollinger Bands, TradingView Signals, and other indicators to open the trade at the right time.
✅ Mirror trading allows you to use the profitable trading strategies of experienced traders.
❌ The free trial period is only three days long.
Table of Contents
Features of TradeSanta
Setting Up Own Exchange
Create bots that can trade in both spot and futures markets, allowing you to profit from trading with leverage. To create a bot, first, create an API key for the exchange you want to use with TradeSanta. An API is simply one or two lines of code that tells TradeSanta what to do on your behalf. This means TradeSanta has access to your balances and can place orders on your behalf. Most exchanges allow you to configure the API key so that the key’s user can only perform certain actions.
Long and Short Positions
You can profit from both bull and bear markets by using long and short bots. Long-term and short-term plansBots can be programmed to trade both long and short trades. Long strategies are any trading strategies in which you buy a coin expecting its value to rise. Short strategies involve selling a coin with the expectation that its value will fall and you will be able to repurchase it at a lower price later.
Restricting Losses
In volatile market conditions, use TradingView’s stop loss, trailing stop loss, and stop signals to reduce your risks. A stop loss is a parameter that you can program into the order of your bot. This stop loss will trigger a sell order if the price falls below a certain threshold to protect against large losses. It’s especially useful in volatile markets like cryptocurrency.
Demo Account and Strategy Comprehension
Use a demo account to test your trading ideas without putting your money at risk. The Demo Mode on TradeSanta allows you to practice Bitcoin and cryptocurrency trading without risking your money. While learning about the cryptocurrency market, put your strategies to the test, experiment with trading coins, and gain confidence.
Profit Target
Set simple or trailing take profit targets and let the bot track the market to close the deal when it is most profitable. The grid bot is more active than the smart order bot. You give the grid bot profit goals and the parameters it needs to meet those goals. When you activate it, the grid bot looks for opportunities in the market. If it finds any, the bot will buy something from the market. The bot will not sell the amount until it is certain that it will make the desired profit.
Extra Orders
Extra orders are a tool that can be used if a trade does not go as planned. This enables you to buy more coins at the current price, converting a losing trade into a profitable one. The idea is that by increasing the size of your position, you can profit from smaller movements. Selling a portion of your position, on the other hand, limits your losses if the trend continues.
REFERRAL CODE
How to claim exclusive sign up bonus from our referral code
As was previously said on this page, the robust all-in-one platform for cryptocurrency trading is a major factor in Tradesanta’s success as an affiliate program and referral code. When you create an account, you essentially get a special affiliate referral code or referral link. Using this code, you can create a referral link that you may share with friends and other users.
The user may qualify for a bonus by opening a new account through the Tradesanta referral link. Users can utilize the referral link or referral code to take advantage of the referral bonus. Using the referral code you can enjoy free trial.
Click Our Referral link to Get the exclusive bonus
Because the “Referral Code” field in your browser will already be filled in, using our link or referral code is now hassle-free. Just complete the remaining steps in the registration process.
Please be aware that you may use one of the two authorized mail- or mobile-based procedures in conjunction with your Tradesanta referral code. Since so few tradebots provide both of these advantages, Tradesanta stands out from the competition.
Before continuing, make sure you have read and comprehended all of the T&Cs. Make sure you are completely aware of all the terms before you begin your trading adventure with them with joy and satisfaction.
Mobile App
The mobile app includes all of the tools and features of the desktop dashboard, but in a more mobile-friendly format. Each active bot has its own “bot card,” which allows you to monitor and change its parameters and indicators. Among other things, you can manage your subscription plan and keep track of your entire cryptocurrency portfolio. The TradeSanta mobile app is just as simple and straightforward as the desktop version. As a result, you can choose between the two and switch between them seamlessly.
Supported Exchanges
Exchanges are crucial in the case of trade bot software because even if a bot has ideal working conditions, it may not function if it does not support popular exchanges. The number and variety of cryptocurrency coins available are linked to the supported exchanges, adding another layer of significance to proper exchange compatibility. TradeSanta understands this need and has signed agreements with several popular exchanges, including Binance, Bitfinex, Bitrex, HitBTC, UPbit, Huobi, OKEx, Coinbase and finally Binance.US .
How to Start
When you are connected to your cryptocurrency exchange, go to the “my bots” tab and create your first bot by giving it a name, selecting your trading pair on the connected exchange, and selecting your trading strategy with all of the details: what crypto market signal you want to use, what profit taking level you want to use, and how much of your funds you want to include in the trade. This tab also shows you all of your active bots.
When a bot initiates a transaction, it will buy the coin you instructed it to buy using your strategy, as well as calculate the profit-taking level and place a long/short order.
Is It Safe?
While cryptocurrency trading is dangerous, the TradeSanta platform is extremely safe. For login, it uses two-factor authentication, and the API key you enter into your exchange account grants only trade permissions, not withdrawal permissions. To put it another way, TradeSanta bots can place orders for you but cannot withdraw money from your exchange account.
Pricing
The basic package is appropriate for the vast majority of investors and traders because it includes 49 bots, an unlimited number of trading pairs, all strategies, and telegram notifications. The advanced plan, which includes access to up to 99 bots, an unlimited number of pairs, all strategies, TradingView signal integration, and a trailing take profit, may be appropriate for more advanced traders. Finally, TradeSanta offers a premium package that includes, among other things, custom TradingView signals, an unlimited number of bots, an unlimited number of pairs, and trailing take-profit. The pricing for each plan is as follows:
Basic $15 per month | Advanced $27 per month | Maximum $35 per month |
TradeSanta is a trading bot. Hence it runs the danger of having its API keys and bot account compromised. Incorrect bot configurations, algorithmic errors, and functional ignorance might result in losses rather than gains for traders, who might therefore lose their money or take a sizable stake in illiquid tokens. Consequently, one must prepare themselves before trading by taking a free trial.
Why We Recommend:
✅ Bots execute both long and short trades using pre-programmed or customizable strategies.
✅ It uses an all-in-one terminal window to place manual orders on multiple exchanges.
✅ You can download the app to manage and track your trading bots from anywhere and at any time. Everything can be done on the move.
✅ It chooses from MACD, RSI, Bollinger Bands, TradingView Signals, and other indicators to open the trade at the right time.
✅ Mirror trading allows you to use the profitable trading strategies of experienced traders.
Drawbacks:
❌ The free trial period is only three days long.