The use of AI in trading bots has been a stepping stone in global markets. Many specialists have applied the bots in the blockchain and cryptocurrency ecosystem. Such an approach helps a person to keep an eye on crypto prices, which is a great advantage.
Cryptocurrency exchanges usually have ordinary functionality. There are usually only basic types of orders there, which is an issue for pro traders. Fortunately, there is a multitude of automated trading platforms, and one of them seems to have uncommon features.
TradeSanta is a cloud cryptocurrency trading software that helps traders to automate key working processes. This software computerizes execution of procedures and allows to perform high-speed deals in 24/7 automated mode. A trader simply needs to create a bot which will be responsible for placing orders. Such an automation performs operations 100-fold quicker than a human. It also allows to eliminate the emotional quotient, which often leads to unforgivable mistakes.
Here are some of the key features offered by TradeSanta:
1. Security and Stability
The bot doesn’t have direct access to funds, it works via API. 2FA is an additional layer of security for users’ accounts.
2. User-Friendly Interface
Many crypto-related services have entangled interface, which is especially hard to understand for newcomers. TradeSanta’s interface is user-friendly, it features tips and tutorials which allow fully explore all the possibilities granted by the platform.
3. Extra Orders
The bot places an additional order to purchase or sell more tokens and the lower / higher cost than that of the First Order. Such an option makes it possible to receive desired take profit with a smaller price recovery in the future.
4. Technical indicators
They help to make sure that the bot starts to trade only in appropriate (favorable) circumstances. One can set the optimal point for activation of trading by modifying several filters (Volume and Daily filters, Bollinger signal).
5. Smart Order
This is a useful possibility which allows traders to sells big volumes of crypto with minimal market impact. Smart Order can sell a particular amount at pre-established price level within specified time period or as a share of the total volume. One can request the feature to try.
The company has recently launched three price plans. One of them is free, so new customers can test the platform without spending a cent.
It offers 5 bots. Individual support provided by personal managers is unavailable. Any crypto pairs can be used; access points aren’t limited.
Basic Plan / $15 a Month
All feature included in the Free Plan are also available here. However, one can use up to 49 bots.
Maximum Plan / $100 a Month
The number of bots in unlimited. You can get individual support from TradeSanta specialists. In addition, 0% trading fee on HitBTC would be a great bonus.
This platform is gaining more and more popularity in the crypto community. More than 9 thousand bots were activated, these bots helped to complete more than 70 thousand transactions. TradeSanta is compatible with leading crypto exchanges such as Binance, Bitfinex, Bittrex, and HitBTC. Several high-profile partnerships are underway. Last month, the number of visitors to the TradeSanta website was more than 2 million. Visit the platform’s official website to find out more.