TradeSanta is a cloud-based bitcoin and crypto trading platform that enables you to automate your trading.

Since its launch in 2018, TradeSanta has been waking waves and is now used by almost 50 000 traders in the world.

This TradeSanta review will allow you to know everything you have to know about the platform.

With more than 12900 active bots, trading 24/7, discover what are the advantages of using TradeSanta, why it is good and what are the areas where it could be improved.

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TradeSanta User Interface

TradeSanta has done a good job building an easy to use platform.

Beginners will find it is easy to navigate, even for newcomers into crypto.

Help is provided at every step of the way, wether you want to create a bot, or have a look at the markets.

TradeSanta Dashboard

Iphone & Android App

A great feature for crypto traders always on the go is TradeSanta’s trading app.

Available for iPhone and Android, the app will allow you to execute trade, launch bots and check your balance wherever you are.

The only crypto bots that provide a mobile app are 3Commas and Cryptohopper, two big names in the crypto trading automation ecosystem.

This is a big step for TradeSanta and is a testimony to their dedication to helping traders automate their strategies.

TradeSanta App

Supported Crypto Exchanges

For you to trade with the bots on the platform, you will have to connect at least one crypto exchange via API.

Right now, the TradeSanta integrates with five of the most commonly used cryptocurrency exchanges:

  • HitBTC
  • Binance
  • Bittrex
  • UpBit
  • OKEX

According to TradeSanta’s team, Bitmex and Huobi are coming soon, which should be a great news for many crypto traders.

TradeSanta Exchanges

Virtual Trading: Paper Trading on TradeSanta

There is another option if you are unsure about the bots or simply want to try the platform without trading your crypto: Virtual Trading.

Virtual trading, also called paper trading, allows you to trade a virtual crypto account and is a great way to try a strategy or a platform. Not every crypto bot provides it which is unfortunate.

You will be awarded a virtual crypto account of 100 BTC, which will give you plenty of room to test the platform and its various strategies.

Manual Trading

TradeSanta provides a smart trading terminal if you wish to place orders manually.

The design is once again clean and you will have no problem doing manual trading on the platform.

The screener is provided by Tradingview which ensure best in-class charts and technical indicators.

TradeSanta Manual Trading

TradeSanta Bots

The platform comes with built-in trading bots.

The set up is easy and only takes a couple of minutes which will be appreciated by beginners.

DCA bot

DCA stands for Dollar Cost Averaging.

If you are not familiar with the term, DCA means buying a fixed a mount, at a regular interval.

It is possible to use TradeSanta in order to automate this process thanks to the DCA Bot.

GRID Bot

To put it simply, with a GRID bot, the aim to buy at certain levels and sell at a higher fixed price.

This is called a GRID bot because buy and sell levels will draw a grid on the chart.

Technical Indicators Available For Bot Signals

TradeSanta comes with built-in strategies in order for bots to execute trades.

The good thing is that you don’t have to set the parameters yourself.

The not so great thing is that the amount of built-in indicators and strategies is scarce.

Right now, you can choose between:

  • Bollinger Bands
  • MACD (Premium Only)
  • RSI (Premium Only)

This will be sufficient for beginners who want to try their hands at automation, but we doubt it will be merely enough for even intermediate traders wanting to experiment with various trading strategies.

TradeSanta GRID Bot
TradeSanta DCA Bot

How to Create a Bot on TradeSanta?

Creating and launching a bot on TradeSanta is easy and user-friendly.

Here is the steps needed in order to have your first bot trade for you.

Step 1: Launch the Bot Creator

Simply click on the blue “+ Create Bot” button on the left menu sidebar where you will be taken to the bot creator page and will be guided step by step.

You will be asked to connect the exchange (Access Point) you wish your bot to trade on.

Then click on Next.

TradeSanta - How to Create a Bot - Step 1

Step 2: Choose Your Trading Pair & Direction

Here you will have to select the market you would like to trade as well as the direction, long or short the market.

In our example below, we chose to long the ADA / BTC pair. Which means we want the bot to buy ADA with BTC and then sell later at a higher price. Simple.

TradeSanta Create a Bot - Step 2

Step 3: Choose Template and Volume

Choose your bot template, either DCA bot or GRID Bot and set up your desired parameters:

  • Take Profit Targets (%)
  • Step of Extra Order (%)
  • Maximum Extra Orders
  • Order Volume
TradeSanta How To Create a Bot - Step 3

Step 4: Risk Management

Here is an important part of your setup.

You will be asked to choose to implement a Stop loss (%) and a Trailing stop loss (%).

You will also have to choose which technical indicators will be used in order for the bot to execute trades (buy / sell).

TradeSanta How To Create a Bot - Step 4

Unavailable Backtesting

Unlike many crypto bots, TradeSanta does not allow user to backtest their strategy.

This can be a let down for many traders that wish to test their strategy before launching it live.

If you want to test the efficiency of a trading strategy before going live with it, you will have to use TradeSanta’s Virtual trading.

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Is TradeSanta Safe?

Let’s get straight to the point: Yes!

TradeSanta follows the safety standards of the sector and allows you to keep your crypto completely secure.

In order to maximize the security of your account, obviously choose a secure password and allow 2FA.

The 2-factor auth will ensure that no one but you will have access to your account.

regarding API, verify that only the Trade and Read access are granted and you are all set.

TradeSanta’s Team

As always when doing our crypto trading bots reviews, we try to learn more about the team behind the software.

Unfortunately, we faced a wall when trying to discover who was behind TradeSanta.

The team is completely anonymous as well as the company behind it.

While this does not compromise the security of your crypto while using the the platform, we know this can be a drawback for some and this is why it was important to point it out.

If you are not comfortable with an anonymous team and company behind the trading bot you use, you will have to go to one of TradeSanta’s competitor like Zignaly.

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TradeSanta Pricing & Plans

The platform offers a wide range of subscription plans.

FREE Trial

You can start using TradeSanta for free thanks to the 5-day free trial.

It grants you all the benefits from the BASIC package for 5 days so you have plenty of time to see if this is the right one for you.

FREE MINIMUM Pack

Here is one of the great perks of TradeSanta. If you have a small trading volume, you can enjoy the Minimum pack for free.

You will need to have less than $3K/Month trading volume and access to 2 bots which is a great option for newest traders or those with a small capital.

This plan gives access to:

  • Up to 2 Bots
  • Trading Volume up to $3K/month
  • Unlimited Trading Pairs
  • All Strategies
  • Telegram Notifications
  • Support

BASIC Pack – $20/Month

TradeSanta’s Basic pack gives you access to up to 49 bots as well as unlimited monthly trading volume.

It will be the preferred choice for the majority of relatively new crypto traders.

The annual subscription will cost you $14 per month, equivalent to a 30% discount.

Features of the Basic Pack:

  • Up to 49 Bots
  • Unlimited Trading Volume
  • Unlimited Trading Pairs
  • All Strategies
  • Telegram Notifications
  • Support

HitBTC PROMO Pack – $30/Month

This plan pack has a huge advantage for HitBTC traders. You will not have any trading fees on the exchange if your subscribe to the HitBTC Promo plan.

As you know, or will soon figure out, trading fees eat away your profits. Having absolutely no fees can make the difference between being profitable and losing money on the long run.

Monthly plan is priced at $30 but it will set you back $21 if you opt for the annual plan.

Features of the HitBTC Promo Pack:

  • 0% Trading Fees on HitBTC
  • Up to 49 Bots
  • Unlimited Trading Volume
  • Unlimited Trading Pairs
  • All Strategies
  • Telegram Notifications
  • Support

MAXIMUM Pack – $100/Month

The Maximum plan is priced at a hefty $100 (reduced to $70 if you choose the annual subscription) and is aimed at advanced traders or those that have a bigger trading capital.

Obviously this plan grants you the 0% fees on HitBTC perks as well.

TradeSanta Maximum Pack features:

  • Unlimited Number of Bots
  • 0% Trading Fees on HitBTC
  • Unlimited Trading Volume
  • Unlimited Trading Pairs
  • All Strategies
  • Telegram Notifications
  • Support
TradeSanta Pricing

TradeSanta Review Conclusion

TradeSanta is a good platform to automate your crypto trading, particularly if you are a beginner.

We don’t believe that it is suited for the most advanced traders. if you want to automate your own strategy, or experiment with newer ones while going through extensive backtests you will be disappointed.

If you are a beginner though, you might just find what you need. A cloud-based software, that is easy to use, holding you by the hand while you are automating simple, yet effective trading strategies. No need to know code, or complex technical indicators.

The lack of social marketplace is important to note though, because you will not be able to copy-trade or use signals and strategies made by other crypto traders. If this is something that you are looking for, you will have to pass and check out some of TradeSanta’s competitors like 3Commas, Cryptohopper or Zignaly.

The team behind the project is working hard at it and releasing new features, so we will make sure to keep track of the advancements and update this TradeSanta review as time goes by.

TradeSanta

From $0.00
4.2

Ease of use

4.8/5

Features

3.5/5

Begginer Friendly

4.3/5

Support

4.5/5

Reputation

3.8/5

Price

4.5/5

Pros

  • Iphone & Android App
  • Easy For beginners
  • Free Bots
  • Built-In Strategies

Cons

  • No backtesting
  • No Social Marketplace
  • Few Technical Indicators
TradeSanta Review: Simple Crypto Trading Automation For Beginners

In this in-depth TradeSanta review, we breakdown the pros and cons of this cloud-based crypto trading automation platform aimed at beginner traders.

Price: 0.00

Price Currency: USD

Operating System: Cloud-based

Application Category: Crypto Trading Bot