Over the past few years, the cryptocurrency market has grown unprecedentedly. As thousands of people become millionaires each day, more and more crypto enthusiasts are born to try their luck in the crypto market.
The crypto market’s volatility, on the other hand, makes it nearly impossible for everyone to profit from their trades. So you need to be quick to catch up with the market’s volatility and place your bets at lightning speed to see some success.
Is it possible for a person to achieve such trading speed with accuracy? Not according to science. To help you cope with this today, there are a lot of crypto trading bots available to help you keep up with the market. TradeSanta is one such automation tool, which is being talked about everywhere.
Here’s how you can use TradeSanta to automate your trading and double your profits in the crypto market.
How exactly does the bot work?
The crypto bot uses the same strategy as you do but is 10X faster. This bot takes away your manual work and places the buy and sell order on your behalf. Keeping your strategy working even when you are not in front of your computer or even sleeping can be more beneficial than your manual work.
All you need to do is to connect your HitBTC account via API and then select a trading pair and enter your strategy. After that, the bot will monitor the market and place buy and sell orders to make you money by following your strategy.
How does it benefit you?
- It can examine the market faster than you do and place orders anytime they give you the highest returns.
- Multiply your revenue by placing multiple orders at the same time
- Make your bot work 24*7 for you
- Since bots don’t have emotions, they will make rational decisions.
What are the disadvantages of using bots?
- This cannot be said as a disadvantage but you do need to get involved from time to time to change your strategy; you can’t leave everything up to the bot.
- If you make a mistake and input the wrong bot settings, you could lose a lot of money if you don’t realize it right away. So always double-check your settings.
- There is a possibility that you will fall for the wrong bot, so research the background and social media profiles before choosing one.
What other options do you have?
TradeSanta is one of the emerging players in the crypto trading bot software market and has been available on the market for several years now.
Check out what TradingSanta has to offer
- Futures and spot markets are both available for trading.
- The platform offers a wide range of signals, including TradingView custom signals, Bollinger Bands, MACD, and RSI.
- Tools for managing risk, such as stop losses and trailing stop losses.
- DCA and grids strategies
- Demo Trading
- Telegram notifications
- Option to close all your positions and transfer your portfolio in USDT or BTC.
- Place manual orders.
It’s a Match! TradeSanta and HitBTC.
TradeSanta supported trading on HitBTC from the day it was launched. One of the motives is that HitBTC is an adequate platform for the diverse functionality supported by TradeSanta robots.
HitBTC crypto exchange has been running since 2013. The platform is known for nearly the biggest amount of supported coins on the market. In years, it gained a huge user base and significant trading volume. But what matters more, all the time HitBTC has been adding new features making the exchange suitable for all kinds of traders. HitBTC allows you to trade using over 10 order types, a feature that helps traders to avoid serious risks. Margin trading, OTC desk, and perpetual futures trading are here, too. TradeSanta bots are capable of working with all of these features which means that they allow you to take the best of HitBTC. So no matter if your main passion is margin trading or you are a spot trading person exploiting immediate or cancel too much, you will be able to do your thing on HitBTC using TradeSanta.
Using a trading bot can be a great tool and give you results that your manual trading strategy cannot. Apart from saving you a lot of time, a trading bot can also keep an eye on the crypto market for significant investment opportunities you may miss otherwise.
TradeSanta Telegram — https://t.me/joinchat/UXVKxRWC-f_hSDOS
TradeSanta YouTube — https://www.youtube.com/channel/UCXcw4IIdFNIbBJ2ptUunoQQ/