TradeSanta Review
TradeSanta represents a cloud-based automated crypto trading bot designed to simplify the trading process for both beginners and experienced traders. Since its 2018 launch, TradeSanta has grown in popularity because to its user-friendly interface and array of features that meet a variety of trading requirements.
TradeSanta Bot Prices
TradeSanta provides three primary programs with a tier-based pricing structure:
- The Basic Plan is $25 a month and gives you access to all trading techniques, an unlimited number of trading pairs, and up to 49 trading bots.
- The $45 monthly Advanced Plan includes up to 99 bots and other features like trailing take profit.
- Maximum Plan: $70 a month, which is perfect for experienced traders who trade more often and offers unlimited bots along with all the benefits of the lower-tier plans.
*In addition, TradeSanta provides a free plan with limited features so that customers may test out the platform before committing to a paying plan.
Comparison of TradeSanta and Cryptohopper
Several aspects of TradeSanta and Cryptohopper's comparison stand out:
Ease of Use
TradeSanta is easier to use for novices because it was created with simplicity in mind. Although it is equally user-friendly, Cryptohopper has more sophisticated features that may be too much for novice traders to handle.
Pricing
TradeSanta generally has lower starting prices than Cryptohopper, making it a more affordable option for users just getting started with automated trading. Cryptohopper’s plans start at $19 per month, whereas TradeSanta starts at $14 per month.
Features
Cryptohopper offers more sophisticated trading tools like a strategy designer, a marketplace for buying and selling strategies, and advanced backtesting options. However, TradeSanta offers basic functionality like trailing take profit, long and short bots, and a simplistic trading GUI, which can be more than sufficient for anyone seeking simple automation.
Exchanges Supported
Cryptohopper supports 14 main exchanges, whereas TradeSanta only supports 10 (BTC and ETH being 2 most popular ones). TradeSanta still offers coverage for the main exchanges that the majority of traders would utilize, such Bitfinex and Binance.
Conclusion
TradeSanta is a great option for traders searching for an affordable, user-friendly automated trading platform.
It may not have all of the sophisticated features of Cryptohopper, but its affordability, ease of use, and powerful capabilities make it a serious competitor—especially for novices or those who want a more uncomplicated approach to automated trading.
