TradeSanta Review – Can You Trust This Crypto Trading Platform?

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By Austin DeNoce

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TradeSanta Review

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TradeSanta Review

  • Trading
  • Trading Bots
  • Statistics
  • Customer Support
4.4

Summary

TradeSanta is an automated cryptocurrency trading platform that connects with other exchanges through API integrations. This platform includes grid trading bots, DCA bots, and futures bots as well as the ability to create custom stop signals, add trailing stops, specify volume, and more. Additionally, TradeSanta also includes manual trading, a trading bot marketplace, and advanced trading tools. Learn more about this crypto trading platform by reading our full TradSanta review.

Pros

  • User-friendly interface
  • Crypto trading bot marketplace
  • Stop and start signals based on technical indicators
  • Tons of video tutorials
  • Supports most major exchanges

Cons

  • Subscription service
  • Only has grid and DCA crypto trading bots

About TradeSanta

TradeSanta is an automated crypto trading platform that works through API integrations with other exchanges.

In addition to its automated trading bots, TradeSanta also allows users to trade manually, has a trading bot marketplace, and includes advanced trading tools like charts and statistics.

You can start trading through TradeSanta with as little as $10 in your account or try demo trading without putting any funds on the line.

If you want to learn all about TradeSanta’s services and whether or not they’re right for you, stick around for this in-depth TradeSanta review.

TradeSanta Dashboard

TradeSanta Crypto Trading

Because TradeSanta works by linking exchanges, it doesn’t itself support any trading pairs, but it will support every trading pair that your linked exchange supports.

The exchanges TradeSanta currently supports are Binance, Coinbase, Kraken, HitBTC, Huobi, OKX, UPbit, Bybit, and FTX.

However, despite working through other exchanges, TradeSanta has its own chart section powered by TradingView

TradeSanta Trading (Charts)

There isn’t an order panel accessible in the same window as the charts, but they are very large and readable, so they will certainly do the trick.

If you want to try out any manual trading strategies on TradeSanta, you’ll find a traditionally-styled order panel in the “Manual trading” section.

TradeSanta Manual Trading

It won’t be as advanced of an order panel as traditional exchanges like Binance, but you can choose your market, long/short option, volume, and choice between market or limit order.

That said, TradeSanta’s focus is more on automated trading, which you can easily navigate through the separate sections for each of its trading bots. 

TradeSanta Crypto Trading Bots

With its automated trading software, TradeSanta bots connect to your exchange and place orders on your behalf.

However, to connect its trading automation software, you’ll need to create new API keys in your exchange account.

Once you get your API keys linked, you’ll be ready to set up a grid trading bot, DCA bot, or futures bot (which is just a grid or DCA bot with futures contracts).

The grid trading bots are essentially a way to trade specified ranges and function just like grid bots on other trading bot platforms like Pionex or Matrixport.

The DCA bot is a bit simpler and just places one take-profit for all the orders previously placed by the bot, so it’s an easy way to implement both the buying and selling parts of a dollar-cost averaging strategy.

TradeSanta Create a Bot

Another great feature with all of TradeSanta’s bots is you can specify an optimal entry point based on technical indicators.

Some of the technical indicators TradeSanta includes are Bollinger Bands, MACD (moving average convergence divergence), RSI (relative strength index), or you can create your own custom start signal through TradingView.

TradeSanta also lets you create a custom stop signal through TradingView, add trailing stops, add the max number of cycles, specify the volume of different orders, and adjust several other trade parameters. 

TradeSanta even has a marketplace to view preexisting bots and their performance. 

TradeSanta Trading Bots (Marketplace)

There are hundreds of options to choose from, but you can use a filter to boil it down to the strategies or markets you prefer.

TradeSanta Statistics

One of the great features of TradeSanta is its statistics tab, where you can view the top settings for the DCA and grid bots.

Some of the stats you can view for each TradeSanta bot are the pair, strategy, profitability, and take-profit levels, and you can even dive into the exact settings of each bot to copy the settings yourself.

TradeSanta Statistics

Aside from giving you access to profitable bots and trading strategies other traders are using, you can easily reference other trading strategies when creating your own bot.

TradeSanta Subscriptions

Although TradeSanta allows users free access to its virtual trading (demo mode), to actually integrate its services with your exchange will cost you.

The Basic (entry-level) plan is $13 per month and lets you create up to 49 bots, trade every pair your exchange supports, and gives you access to all the TradeSanta strategies.

The next plan up, the Advanced plan, is $23 per month and includes everything the basic plan does plus 50 more trading bots (for a total of 99).

The Advanced plan also includes trailing take-profit orders and TradingView signals for Binance, Coinbase Pro, Huobi, and HitBtc.

The last plan, the Maximum plan, is $70 per month and has everything included in the first two plans but with an unlimited number of bots, custom TradingView signals, and futures bots.

TradeSanta Subscriptions

If you want to save a little money, you can choose to pay for three months, six months, or a full year all at once with incrementally more savings. 

If you pay for one year upfront, for example, the Maximum plan is cut in half from $840 to $420.

Conclusion: TradeSanta Review 

After carefully walking through all of its services for this TradeSanta review, we believe it is an excellent platform for experienced traders interested in automated cryptocurrency trading.

Whenever it comes to subscription-based trading platforms, the service is only worth it if you already have a working strategy you want to automate.

If you think it’s worth it to pay for a subscription to test strategies, that is your prerogative, but the costs are a bit high if you aren’t making a fair amount of money from your trading activities.

For that reason, TradeSanta likely won’t be a platform for beginners or anyone who isn’t a professional trader with a well-defined edge they can exploit through an automated trading strategy.

The manual trading on TradeSanta is decent, but it makes little sense to pay for TradeSanta’s services if that’s all you’re doing.

Keeping all this in mind, we believe it would be better to try out Pionex, which has free trading bots and a better manual trading interface. 

TradeSanta is a great platform, but traders new to automated trading would be better served by a free platform they can use to test the waters.

It may not have the same level of customization or bot statistics available to you, but it’s an excellent alternative that won’t cost you a monthly fee, and it has a lot more bot options than just the grid bot and DCA bot.

All that being said, TradeSanta is an excellent option to consider if you are in the market for a top-tier crypto trading bot platform.

It only has the two bot options available to TradeSanta users, so be sure those are all you need for your crypto trading strategies before committing to one of its paid plans.

TradeSanta might be a little pricy, but it won’t cost you as much as something like Hassbot (though it won’t give you quite as much, either).

In summary, TradeSanta is exceptionally user-friendly, and it affords users considerable advantages through detailed bot customization and its marketplace for copying other traders’ bots. 

Still, it isn’t the best crypto trading bot platform out there or the best bang for your buck.

TradeSanta is still a platform worth checking out, especially because of its demo trading, but it could be challenging to justify its costs unless you’re a seasoned trader with a clear plan to implement a grid or DCA bot. 

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Austin DeNoce

Austin DeNoce is a writer, personal investor, and entrepreneur who is focused on trading and investing education for macro, crypto, equities, derivatives, and foreign exchange traders. He graduated from the University of California, Santa Barbara with a bachelor’s in philosophy and carries a deep passion for a first-principles approach to investing and education therein. Austin specializes in topics related to cryptocurrencies and blockchain technology.

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