Last Updated on February 25, 2023 by cryptocreed
Trading is never easy and the person with impatience can’t make a fortune in it till bots are not entered the market. Crypto trading bots give you a stressless trading experience and save you time.
There are many trading bots on the internet you can find and mostly all legit and safe trading bots are already mentioned here on cryptocreed.
In this article of Tradesanta review, you will find how legit it is, what its features are, who should use them, how you can make more profits, and much more to know.
Tradesanta is for everyone, it doesn’t matter if you are a newbie or an expert trader. It provides tools that help everyone start their trading journey with a bot without confusion.
Click here to register on TradeSanta using our link to support us.
What Is Tradesanta?
TradeSanta is a cloud-based automated crypto trading bot founded or launched in 2018 by a bunch of traders with the aim of providing a safer and better-automated trading experience to crypto traders without having prior experience.
TradeSanta was founded by a team of experienced crypto traders led by Polina Demchuk. It has headquarters in Yerevan, Armenia, and is registered under the British Virgin Islands on the number 2069399.
TradeSanta allows you to experience different types of trading with their top-notch features like Spot and Futures trading bot, long and short trading bot, Risk management, Demo trading bot and etc.
Their Telegram group is highly active in getting answers to your question as there you will find a community to help you.
Tradesanta is famous because of its features and its features widely cover every type of trader so everyone can get the opportunity to get their trade done.
Grid and DCA Bots
Grid and DCA (Dollar Cost Averaging) are similar methods of trading bots where traders can put different orders to execute opening and closing orders and generate profit from them.
Grid bots are good for each trade and if you want to put the average rate for all of your trades then DCA bots are perfect for you.
The perfect example is given on TradeSanta’s website on what is Grid bot
“When trading with a Grid bot a sell order is placed for each buy order. If you have 1 first order and 3 extra orders, 4 sell orders in total will be placed. However, no more than 2 orders (1 buy order, 1 sell order) are on the exchange simultaneously. If the bot executes any order partially it will place take profit order for that part.”
Extra order helps you to trade when the market is not stable, volatile market helps you to get more profit than a stable. But it involves risks as well. It allows you to trade, buy and sell extra coins at the current market price so you can make more profit.
The strategy is used to perform an action automatically hence you do not have to take any stress on negative market conditions.
Future Trading Bot
You might have used futures trading on exchanges like Binance and Kucoin but do you know you can perform future trading on any supported exchanges through Tradesanta’s Bot?
Just simply connect your Future trading-supported exchange and start setting up Bot
Crypto Profit Calculator
Sometimes it’s hard to figure out how much you can generate profit or loss. Tradesanta provides the crypto profit calculator by using it traders can calculate their trading fees, profits, and losses.
Click here to visit the calculator page and enter details like a coin, Trading amount, initial price, selling price, trading fee, an exit fee.
Following are the coin supported by their calculator Btc, Eth, Bnb, Xrp, Ada, Sol, Doge, Dot, Shib, and Avax.
Should You Use TradeSanta Or Not?
Yes, you should use them here are the reasons why you should use them. Tradesanta is a 100% trusted and secured platform.
Tradesanta is a brand in the crypto trading bot market because of many reasons and here you are going to know why you should use TradeSanta and why not.
Let’s check out users’ reviews first and what those users think about it.
Trustpilot, they have a rating of 4.2 out of 5 from 55 reviews. Most of the reviews are positive reviews and users are satisfied with them.
Some of the reviews;
“I subscribed and after 2 weeks i was not able to achieve anything before i opted out. You need to be well experienced to use the platform. but the real problem is the telegram chat group they are using where there are so many scammers that bears the same ‘Admin’ name that will reach out to you immediately you ask a question in the group. You need to be extra careful to deal with them.” by Ben.
Have been using the service itself for around 3 weeks and so far I’m satisfied.I’m up around $200 on my initial $1500 investment. The platforms itself is overall pretty well designed,functional, and easy to navigate other than that, tardesanta is pretty sweet. I’m a novice and there is probably a ton of utility that I’m not even using, so imagine it can be even better for someone who is more knowledgeable and experienced. by Davis Diaz.
TradeSanta provides the best customers through its social media channels like Telegram and Discord. In their Discord, there are 185 members and in Telegram, there are more than 4100 members. I suggest joining their Telegram for fast help and query.
Admins are more active here on Telegram so you can find help over Telegram easily. But when you ask questions in the group make sure you got contacted by real admins because there are many fake admin profiles roaming.
Note: Never share your private key, API, password, or any other credentials.
Official Binance Partner
Binance itself is a trusted name in the crypto community and when it is backing any project then it means the project is really good. Along with TraderWagon and Cryptorg Tradesanta is the official broker partner of Binance.
Ratings On App Store & Play Store
The Tradesanta app can be downloaded on both stores, App Store and Play Store. The app has got more than 50K users on android devices from which 795 people shared their reviews, it has received a rating of 3.7 out of 5.
Fewer users are there on App Store but have a similar rating on the App Store of 3.9 out of 5 from 180 reviews.
Most of the negative reviews are old and it doesn’t represent the newly updated app. Negative reviews are mostly related to users’ experience and app layout.
For spot trades, you can connect Binance, HitBTC, Huobi, OKX, BinanceUS, Coinbase Pro, Bybit, Kraken, and XGO.
For Future trades, you can connect Binance, ByBit, and Kraken future tradings.
TradeSanta is a freemium platform, you can use the platform for free and can pay for advanced features as well.
It accepts payment in Crypto and through Credit Cards. Payments done in crypto are non-refundable.
In the free plan, you will get access to 1 bot and a trading terminal, with the Basic plan you can use up to 49 bots and much more like a Trading terminal, Unlimited numbers of pairs, All strategies, & Telegram notifications, with Advanced plan you can create up to 99 bots with basic plan features & trailing take profit, TradingView screener signals features.
You will get discounts on each of the plans when you upgrade your account for more durations.
Tradesants Referral Program
If you are a blogger or have a vast amount of followers then you must utilize referral links.
Tradesants share 20% of each payment from your referrals, which means if your user upgraded your account with $100 then you will get $20 for free.
Suppose any of your referrals purchased a maximum plan for 12 months then it will cost him 420 USD and 20% of $420 is $84 which is your earning.
Users can withdraw their earned coins in USDT EBEP20. Referral withdrawals may take up to 45 days to proceed.
Platform & Account Security
In the first place, it offers you to protect your account using 2FA, you can create a bot only when you have enabled 2FA on your account.
TradeSanta allows you to connect your exchange accounts with them but it also claims that it doesn’t have any control over your funds. So you don’t have to worry about your funds from losing it.
You can also get real-time notifications through Website notifications and Telegram. By enabling website notifications you will get a notification on your account and if you are active on Telegram then you should activate a Telegram notification where you can get an install notification if anything gets updated or changes.