A cloud-based software provider says it is delivering automated crypto trading to the masses, giving users the flexibility to trade on multiple exchanges.
TradeSanta says it can establish a new bot in just two minutes. All that new users need to do is select their desired trading pair. From here, traders can execute long and short strategies, making the most of bull and bear markets alike. By setting a profit target, users can exit a position at the right moment without the need for constant supervision. The inclusion of technical indicators also means that sophisticated crypto enthusiasts can apply filters so they enter the market at the right price.
The company says it aims to appeal to new and experienced traders alike. To this end, users can choose between preset templates that allow them to select their preferences at the click of a button, and an intuitive editor that paves the way for more advanced strategies to be created with precision.
According to TradeSanta, one of the biggest advantages of automated trading is the ability to take a step back from monitoring positions constantly. This gives users the freedom to focus on other business pursuits, catch up on some much-needed sleep, or enjoy some well-deserved leisure time. Real-time tracking ensures that traders are given updates when they need it most, transparent analytics offer insight at a glance into how a user’s strategies are performing, and Telegram notifications deliver alerts when urgent action needs to be taken.
A thriving community
Figures from TradeSanta show that demand for automation is booming. The platform has more than 30,400 active users, with 12,300 trading bots whirring away and delivering 24/7 market connectivity at any given time. So far, almost 1 million deals have been completed — a major milestone for a company that only launched in November 2018.
The platform hasn’t been sitting still when it comes to unveiling new features. Dedicated apps for Android and iOS devices have been made available for download as per the 2019 roadmap, with support added for several exchanges. TradeSanta now offers connections to major platforms such as Binance, Bitfinex, Huobi, Upbit, HitBTC and Bittrex, with BitMEX and OKEx set to join the roster in the near future. Work has also been underway on a function that enables traders to backtest their strategies in a simulated environment before they are deployed in the market.
TradeSanta is coming into its own as the Christmas season approaches. Four packages are on offer to match every crypto enthusiast’s budget. Every payment plan delivers an unlimited number of trading pairs, access to all strategies, the ability to receive Telegram notifications, and customer support from a dedicated team of specialists.
As well as enabling crypto enthusiasts to trade more efficiently, the company says it wants to help educate members of the public about how these transactions work. To this end, the platform offers video tutorials that demystify the process, walking viewers through tricky setups, one step at a time.
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