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You are here: Home / Cryptocurrency, Financial Services / What is TradeSanta?

What is TradeSanta?

November 27, 2020 by Post

Automated trading tools are some of the most discussed services in the trading industry. TradeSanta is typically an automatic, cloud-based trading site that’s packed with a variety of features to help traders.

What’s more, TradeSanta is compatible with Huobi, Binance, OKEx, UPbit, Bitfinex, Bittrex, HitBTC and Binance US. 

With TradeSanta, you can automate your whole trading strategy from A to Z. You can automatically open and close your positions according to your own plan. The platform is easy to understand due to the user-friendly layout and optimized customer journey. It’s a good alternative for day traders who don’t want to stare all day at their screens. It gives traders the chance to continue working with the platform they prefer and trust and also do arbitrage trading between exchanges.TIVATE DEAL

Why choose TradeSanta?

Some key features of this trading bot:

  • Dollar-Cost-Averaging (DCA) and Grid: All you have to do is choose a strategy that works for you and the market. The bot will take care of the rest. You can have the chance to trade separately (Grid) or go with the average of all the trade orders you have open (DCA).
  • Extra Orders: With this feature, you can profit even when your initial strategy doesn’t support the fluctuation in the market. That’s in case the market goes in the opposite direction of your prediction. TradeSanta will create an additional trade using coins with the current price. Therefore, will make a profit even with a smaller price change.
  • Short and Long Strategies: You can make an automated long and short trade simultaneously. And whether the market goes long or short, the TradeSanta bot will cover it to the fullest.
  • Technical Indicators: We all know from most TradeSanta reviews that this platform offers various technical indicators. That will help you analyze the market no matter the exchange you are using. Most users prefer using RSI, Bollinger Bands, or MACD signals.
  • Trailing take profit feature, meaning that traders can maximize the opportunity to capitalize on price movements. This tool means that the figure at which a cryptocurrency is sold rises in line with an increase in the digital asset’s value.
  • Stop Loss: Thanks to TradeSanta, you can mitigate your losses by setting stop losses whenever the trade doesn’t go your way.
  • Support: TradeSanta offers a 24/7 support system to all traders if you have any challenges with the bot. You can either contact them via Telegram or email at any time.

How to get started with TradeSanta?

It’s really easy to automate crypto trading with Santa cryptocurrency trading bot for Binance, Bittrex, Bitfinex, Upbit, OKEx, Huobi and HitBTC. First, you set up an access point and then you configure bot parameters. You choose a trading pair, crypto bot strategy (long or short), take profit level and other settings. The Wizard guides you through the whole process and TradeSanta Bot templates will help you to dive into automated crypto trading smoothly.

Start trading! 

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