Algorithmic trading: how TradeSanta’s bots are beating human traders
Cryptocurrency trading has become so attractive and lucrative in the last few years, 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 algorithmic trading. This system was first tried out 40 years ago on NYSE and has been developing ever since.
According to JP Morgan research, only 10% of total turnover is traded manually. The success of algorithmic trading may be attributed to the following facts:
- 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.
- 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.
- 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.
- 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 TradeSanta and see the way it works. Here are a few reasons why should you choose it over other bots.
This service was founded in 2018, and it gives a great opportunity to trade all day long, no matter if you are a novice or veteran.
TradeSanta has a fast growing community: 18 736 traders have chosen this service, and up to 712 146 of the deals were completed.
This service provides detailed FAQ and blogposts with useful tips. So, you’ll be able to learn more about the service before you start trading.
As well as providing detailed guidelines, TradeSanta also has quick customer support both on the website, also on Telegram where like-minded followers ask questions, share their experience, and discuss the latest news in cryptocurrency and blockchain industries. Not so long ago their crypto community has reached 1 800 subscribers.
And if these advantages are not enough, let’s check out what else does this service offer? Here are the main benefits of using TradeSanta:
- Slick 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 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 options make it possible to automate trading processes in a flash, and let your bot deal with technical operations independently.
- Referral program: TradeSanta team appreciates cultivating interest about the service, and offers its users referral program. Every customer can participate in it: share a link with friends and get 20% of each plan purchase made by the invitee.
And last but not least, TradeSanta offers 3 different packages: you can choose the most suitable one, depending on your preferences, strategy and available sum. For all new users there is a 14-day trial period with Basic package available.
So, sign up right now, seamlessly customize your first bot, and take advantage of bot trading.