Bots: Is automated trading for you?

Cryptocurrency trading is on the rise, and more than ever, people want to know how to spend less time checking the market situation manually. If you want to try something new and more convenient than manual cryptocurrency trading, we offer you to try automated systems.

These programs are widely available, and they have become a staple of today’s markets. Today we will discuss the way it works, its advantages, and take Tradesanta as example.

Automated trading: are they a force for good?

There is a lot of discussion about automated trading. The underlying assumption is that bots are much better at trading than humans could ever be: cryptocurrency trading is about complex calculations, alas, traders are unable to perform it as quick as bots. Take a look at the main advantages, and see how algorithmic trading beats human traders:

1. There is no place for emotions.

Every trader faces with inevitable sequence of losses and winning trades that test your trading psychology. If you set up your bot, there is no need to panic or hesitate: the bot has no emotions, it just follows your strategy.

2. Bots save your precious time

There is no need to keep a close eye on market situation non-stop, also, you don’t need to calculate order prices manually, let the bots make it for you.

3. High trading and decision-making speed

It is quite obvious that trading bots have higher reaction speed than humans: they can immediately react to the market fluctuations and make right decision, according to their settings. It is hard to place a big amount of orders in a limited time interval by your own, but cryptocurrency bot can do it in a matter of seconds.

4. Trading without any rest

Unlike traditional stock market, cryptocurrency market works 24/7, and trading bots will continue to trade.

And that’s not all! Let’s take a look at TradeSanta and see the way it works, and why should you choose it over other services. Founded in 2018, TradeSanta gives a great opportunity to trade 24/7, and allows its users to try popular trading strategies.

If you still hesitate to try this bot or not, thinking it can be hard to learn the way it works, you should check out TradeSanta’s detailed FAQ and blogposts with useful tips. So, you’ll be able to learn more about the service and see why other traders prefer this service over others.

By the way, TradeSanta has a fast growing community: 17 269 traders have chosen this service, and up to 679 069 of the deals were completed.

As well as providing detailed guidelines, TradeSanta also has quick customer support both on the website, also on Telegram where fellow users ask questions, share their experience, and discuss the latest trends and ideas. Not so long ago their crypto community has reached 1700 subscribers.

What does TradeSanta offer?

• Quick and user-friendly interface: easy website navigation and revamped accounts streamline trading routine. For example, you need only 10 minutes to customize your first bot and start trading.
• Android and iOS apps are available: you can manage your bots and keep up with the market situation all from the palm of your hand.
• 4 available exchanges: the service supports Binance, Bittrex, Bitfinex, and HitBTC. Project team says that the best is yet to come: they plan to expand the list of supported exchanges, and add OKEx, Bitmex and Huobi. 
• Advanced trading tools: from martingale up to one of the latest feature, smart order. This brand new option gives an opportunity to trade large sums. Its algorithms will take into account a certain time period of the transaction and the total trading volume. This TWAP and VWAP functions make it possible to automate trading processes in a few clicks, and let your bot deal with technical operations independently. 
• High security level: bots places orders and requests data via API keys. By default, the withdrawal option is off and TradeSanta won’t be able to withdraw your funds. Moreover, the service offers a 2-step verification process to level up security, preventing accounts from being hacked.
• Referral program: TradeSanta team appreciates cultivating interest about the service, and offers its users referral program. Every user can participate in it and spread the word about TradeSanta. They just need to share your link with friends and get 20% of each plan purchase made by the invitee. 

In addition, TradeSanta offers 3 different packs: you can choose the most suitable pack, depending on your preferences, trading strategy and available sum. For all new customers there is a 14-day trial period with Basic pack available. So, sign up, customize and turn on up to 49 bots, and take advantage of bot trading.