TradeSanta Review: Is It Worth It?
TradeSanta Review
Since the creation of Bitcoin and the public debut of blockchain technology, the world of cryptocurrencies has grown dramatically. At the very beginning, only a small number of enthusiasts were interested in cryptocurrency. Nowadays, even the largest banks and famous tech giants acknowledge cryptocurrencies and invest millions in blockchain technology.
On top of that, crypto trading has also grown in popularity among a large number of people in recent years. Some people make fortunes with crypto trading, but the vast majority cannot succeed. One of the reasons for that is the constantly changing nature of the crypto world, and keeping track of every trend, event and “next big thing” that happens within the crypto world is an extremely time-consuming process. However, nowadays you can delegate all the tedious activities to the automated crypto trading platforms that can trade on your behalf! Read on to learn how TradeSanta can help you with your crypto trading results.
History and Background
Main features
TradeSanta offers a variety of features that can help both serious cryptocurrency traders and those who are only at the beginning of their crypto trading journey. Let’s take a look at some of the main features of TradeSanta:
- TradeSanta offers a wide choice of signals, like TradingView custom signals or pre-built signals based on TradingView Screener
- Both Grid and DCA strategies are at your service, plus you can run BOTH long and short strategies at the same time.
- TradeSanta has a trading terminal that you can use in case you want to place manual orders. It is especially helpful if you run trades on multiple exchanges at the same time, and you want to place all orders in one place instead of opening each exchange separately.
- If you want to test your strategy, but are not willing to put real money on the line, then you can try TradeSanta’s Demo Trading, so you could test the strategy against the real market conditions without investing real funds
- For more experienced traders, TradeSanta can offer a wide range of risk management tools, such as stop loss, trailing stop loss and trailing take profit.
- Want to start trading, but don’t know which strategy to uphold? TradeSanta has launched a copy trading marketplace, which can be conveniently used by newcomers to execute the trades the more experienced traders have executed with a profit already.
Safety And Security
TradeSanta claims that its team regularly audits the website's security and it offers two-factor authentication (2FA) to make your account more secure. The API key you paste into your exchange account only grants trade permissions, not withdrawal permissions.
TradeSanta exclusively collaborates with exchanges that have a solid track record of upholding strict security guidelines. They cannot access your funds and bots cannot withdraw them, and you are the one that always stays in control of your assets. TradeSanta’s 27/7 customer support is always willing to help in case something extraordinary happens with your account, or in case you need clarification on some questions regarding your security.
Trading Bots
Even if you never had experience with crypto trading bots, you won't have problems with setting up your own first bot thanks to TradeSanta's clear and user-friendly interface. So what kind of bots does TradeSanta have?
- DCA Bot
- GRID Bot
- Futures Bot (Binance, ByBit)
- Smart Order Bot
Custom bot (copy trading marketplace)
Technical Indicators
TradeSanta can offer a broad selection of technical indicators that you may utilize to create your own trading strategy. You can use these indicators to make wiser choices regarding when is the right moment for buying and selling cryptocurrency bitcoins. Among the available indications are:
- TradingView custom signals, plus pre-built signals based on TradingView Screener
- Bollinger Bands
- MACD
- RSI
Supported Exchanges
Usability And Interface
TradeSanta differs from some of its competitors since newcomers have the option of using a free trial - this option would be perfect for customers who wish to try the product before making a purchase.
Apart from the web version, TradeSanta has
Pricing And Fees
TradeSanta doesn’t charge any trading fee: all you have to do is to purchase a subscription plan and you can start trading right away. Additionally, you have the option to use a free 3-Day Basic Package trial if you're unsure about whether you should buy yourself a plan in order to personally experience all the advantages of automatic trading.
The plans can be purchased either with cryptocurrency or with card payments. Card payments are executed via TradeSanta’s payment provider, Paddle.
TradeSanta provides three plans, each with a different number of bots and set of features:
- Basic Plan: 49 bots, Unlimited Number of pairs, technical indicators. Starts at $15/month
- Advanced Plan: 99 bots, benefits of the Basic plan, Trailing Take Profit, TradingView signals. Starts at $27/month
- Maximum Plan: Unlimited number of bots, benefits of Advanced Plan, Futures Trading, TradingView signals, and Custom TradingView signals. Starts at $35/month
TradeSanta Pros & Cons
Just like any other program software, there are both pros and cons to using TradeSanta. Still, it looks like there are more pros than cons, but everything depends on your perspective.
TradeSanta Pros:
- Easy-to-use dashboard that makes it simple to track performance, make adjustments, and keep an eye on your portfolio
- There is no need to always keep an eye on the markets since the program is automated
- You have access to a variety of customization options, allowing you to modify the software to meet your specific requirements
- Unlike some other platforms, TradeSanta has affordable subscription plans
TradeSanta Cons:
- TradeSanta does not guarantee you profit, so there is always a chance of loss
- Free trial lasts only 3 days
TradeSanta Review: Verdict
The TradeSanta dashboard's appearance and functionality make it obvious that this platform was created with the idea to make sophisticated cryptocurrency trading as easy as possible for traders of every level of experience.
Trading bots can be quite helpful in your daily trading if they are used appropriately, and they can be really helpful for time and mental health management. Moreover, TradeSanta has one of the most affordable subscription plans on the market.
Simply follow the link to start using TradeSanta for free!
