Software Alternatives, Accelerators & Startups

Cryptotrader VS TradeSanta

Compare Cryptotrader VS TradeSanta and see what are their differences

Cryptotrader logo Cryptotrader

Cryptotrader allows to backtest and fully automate your strategies by trading robots running on our scalable cloud 24/7.

TradeSanta logo TradeSanta

Trade Santa is a cloud software platform that automates crypto trading strategies. Cryptocurrency trading bots are available for Binance, Huobi, Upbit, Bittrex, Bitfinex, and Hitbtc.
  • Cryptotrader Landing page
    Landing page //
    2022-01-17
  • TradeSanta Landing page
    Landing page //
    2022-05-10

TradeSanta is a cloud-based crypto-trading platform that allows you to create and manage bots according to the user’s strategy. TradeSanta focuses on a simple user interface and automating well-known strategies. It takes only a few minutes to set up a cryptocurrency bot. It offers users a Wizard to help out in setting up their first bot. TradeSanta currently supports the following major exchanges: Binance, Bitfinex, Bittrex, Huobi, Upbit, and HitBTC. The crypto platform connects to exchanges via API keys.

TradeSanta

Pricing URL
-
$ Details
freemium $10.5 / Monthly
Platforms
Browser iOS Android

Cryptotrader features and specs

  • Automation
    Cryptotrader allows users to automate cryptocurrency trades based on their strategies, which can save time and potentially increase trading efficiency.
  • Strategy Marketplace
    The platform offers a marketplace where users can buy and sell trading strategies, providing opportunities to leverage others' expertise.
  • Backtesting
    Users can backtest their trading strategies using historical data, helping them refine approaches before deploying them in live markets.
  • Cloud-Based
    As a cloud-based service, Cryptotrader doesn't require users to install or maintain any software on their local machines.
  • Exchange Support
    Cryptotrader supports numerous exchanges, allowing users to diversify their trading activities across different platforms.

Possible disadvantages of Cryptotrader

  • Cost
    The platform operates on a subscription model with different pricing tiers, which can be costly for some users, especially beginners.
  • Complexity
    The platform might be overwhelming for novice traders due to its advanced features and the need to understand trading strategies and technical indicators.
  • Market Risks
    Automated trading carries inherent market risks, and users can suffer losses if their strategies do not perform as expected.
  • Reliability
    As with any online platform, there can be technical outages or glitches that may impact trading activity and execution.
  • Limited Educational Resources
    Cryptotrader may not offer extensive educational resources or guidance for users, making it challenging for newcomers to get started effectively.

TradeSanta features and specs

  • User-Friendly Interface
    TradeSanta offers an intuitive and easy-to-navigate interface suitable for both beginners and experienced traders.
  • Automated Trading
    The platform allows for automated trading, which can help users take advantage of market opportunities 24/7 without requiring constant supervision.
  • Multiple Exchange Support
    TradeSanta integrates with several major cryptocurrency exchanges, providing users with flexibility in managing their portfolios across different platforms.
  • Customizable Bot Strategies
    Users can create and customize their trading strategies, tailoring bots to meet their specific trading goals and risk tolerance.
  • Backtesting Capabilities
    The platform offers backtesting features, allowing users to test their trading strategies against historical data to evaluate potential performance.
  • Detailed Analytics
    TradeSanta provides comprehensive analytics and reporting to help users track the performance of their trading bots and make informed decisions.
  • Educational Resources
    The platform offers various educational resources including tutorials, guides, and webinars to help users make the most of the available trading tools.

Possible disadvantages of TradeSanta

  • Subscription Cost
    While TradeSanta offers a free plan with limited features, access to more advanced functionalities requires subscribing to a paid plan, which may be expensive for some users.
  • Complexity for Novices
    Despite its user-friendly interface, the depth and complexity of trading strategies might be overwhelming for absolute beginners.
  • Market Volatility
    The platform does not eliminate the risks associated with cryptocurrency trading, and users may still incur significant losses due to market volatility.
  • Limited Control
    Automated trading can sometimes limit the user’s control over individual trade decisions, potentially leading to suboptimal outcomes in unexpected market conditions.
  • Reliance on Technology
    As with any automated system, there is a dependence on the platform’s technology and internet connectivity, which could fail or experience downtime.
  • Customer Support
    Some users have reported that TradeSanta’s customer support could be slow or less responsive in addressing issues or questions.

Analysis of TradeSanta

Overall verdict

  • TradeSanta is generally considered a good option for both novice and experienced crypto traders who want to utilize automated trading strategies. Its user-friendly design, comprehensive features, and support for multiple exchanges make it a viable tool for automating crypto trades. However, as with all trading platforms, users should conduct their own research and assess the risks involved in automated trading.

Why this product is good

  • TradeSanta is a cloud-based cryptocurrency trading platform that allows users to automate their trading strategies. It offers a variety of bots that can execute trades based on pre-set parameters, helping users make the most of market opportunities without needing to be constantly active. The platform is particularly appealing because it provides a user-friendly interface, a range of technical indicators, and the ability to support multiple exchanges. Additionally, it offers risk management tools and a wide array of templates to suit different trading styles. TradeSanta also has educational resources to help users get started with automated trading.

Recommended for

    TradeSanta is recommended for cryptocurrency traders who are interested in automating their trading strategies to maximize efficiency and potential profits. It is particularly suited for those who have at least a basic understanding of crypto markets and are comfortable using technical indicators. It's also ideal for traders who want to take advantage of 24/7 market opportunities without having to continuously monitor the market themselves.

Cryptotrader videos

Crypto Trader Review - Avoid the 'CryptoTrader' App SCAM! (New Update)

More videos:

  • Review - Cryptotrader Trading Bot Review
  • Review - Crypto Trader Review | Is CryptoTrader App Legit? Crypto Trader EXPOSED!

TradeSanta videos

💰💰TradeSanta Crypto Bot made me how much in 2 weeks?!💰💰 |🚀 Beginner testing out Crypto Trading Bots

More videos:

  • Review - TradeSanta Crypto Trading BOT - Make 💰💰💰💰💰 a day with NO WORK!

Category Popularity

0-100% (relative to Cryptotrader and TradeSanta)
Cryptocurrencies
17 17%
83% 83
Trading
100 100%
0% 0
Cryptocurrency Trading
12 12%
88% 88
Cryptocurrency Investment

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Cryptotrader and TradeSanta

Cryptotrader Reviews

Best crypto trading bots 2020
CryptoTrader is one of the oldest bots that has been present in the niche since Mt. Gox times. It’s cloud-based, so you don’t have to install it to your PC. Also, with CryptoTrader, you have an option to backtest your ideas before doing real-life trades.
Source: tradesanta.com

TradeSanta Reviews

  1. Scam

    Only to catch you, smal strategies


10 BEST Crypto Trading Bots for Automated Trading (2023)
TradeSanta is one of the best trading bots that enables you to manage your risk easily. This application allows you to choose the strategy that suits your trading style, and it enables you to set your target profit amount and close the deal at the right moment.
Source: www.guru99.com
Best crypto trading bots 2020
Hopefully, after reading this review, you now know that there are multiple trading strategies out there, and you will have to work hard to find the solution that will eventually become a great fit for you. When choosing a crypto trading platform, make sure that the product has a good reputation, is connected to the exchanges you’ve got an account with, supports the signals...
Source: tradesanta.com
CryptoHopper vs TradeSanta | Automate Your Trading With Crypto Bots
TradeSanta has a wonderful community in Telegram where users share their strategies and experiences. TradeSanta team members are always there to help beginners or to answer questions about the platform. The issues are communicated via email or Telegram chat.

Social recommendations and mentions

Based on our record, TradeSanta seems to be more popular. It has been mentiond 6 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Cryptotrader mentions (0)

We have not tracked any mentions of Cryptotrader yet. Tracking of Cryptotrader recommendations started around Mar 2021.

TradeSanta mentions (6)

  • Should You Use Cryptocurrency trading bots?
    Cryptocurrency trading bot is a very smart program (at least that’ what its developers say). It executes transactions based on a pre-prepared trading strategy. So the management strategy becomes as clear as possible. The Trading Bot places buy and sell orders on your behalf. Also, adaptability is the main feature of cryptocurrency trading bots. Source: about 3 years ago
  • Using trading bots on binance
    I thought of using trading bots, and came across several like Tradesanta, 3commas, Stoic, and Cryptohopper. I’m looking through reddit for some reviews for each app, but I want to know what you guys think. Source: over 3 years ago
  • Trend identification model for Crypto
    He might want to play around with the templates on https://tradesanta.com/en They have probably done all the heavy lifting but users can edit their templates to their own desire.. Source: over 3 years ago
  • Have you heard of stoic before? It’s a trading bot
    Yes, stoic worked better for me than tradesanta. Based on my exp.+57,9% in the last 30 days. Source: almost 4 years ago
  • Crypto Trading Reviews
    Good job! Would it be possible to add a piece about TradeSanta bot as well? Source: almost 4 years ago
View more

What are some alternatives?

When comparing Cryptotrader and TradeSanta, you can also consider the following products

Trality - Trality is an automated investing platform offering fully automated bots and portfolios through its innovative Marketplace. The marketplace enables investors to discover, review and rent profitable trading bots created by other expert Trality users.

3commas - 3commas.io provides tools for cryptocurrency traders and investors.

Cryptohopper - Cryptohopper is the best crypto trading bot currently available, 24/7 trading automatically in the cloud. Easy to use, powerful and extremely safe. Trade your cryptocurrency now with Cryptohopper, the automated crypto trading bot.

Zenbot - Before using trading bots, you need to understand that they are NOT a surefire profit machine. You may want to watch this video.

Coinrule - Coinrule empowers traders to compete with professional algorithmic traders and hedge funds.

HaasOnline - Best crypto trading bot platform trusted by thousands of traders.