This automated crypto trading bot provider is bringing cutting-edge tools to major exchanges

Published at: Sept. 21, 2022

There's a dizzying array of crypto exchanges out there — with the market becoming increasingly saturated as new trading platforms emerge. 

Want to make deposits with a particular fiat currency? There's an exchange for you. Want to retain control of your keys? You can go decentralized. Determined to keep trading fees to an absolute minimum? No problem — some sites offer zero commission. Many exchanges also offer a tailored approach depending on whether you're an expert or a beginner.

TradeSanta, which offers automated crypto trading bots to the masses, has been keeping a close eye on the evolution of exchanges. And since launch, it's been determined to ensure that its products are available to all — irrespective of which platform they use.

Fresh from unveiling an integration with Kraken, the company has now launched its bot on FTX. This means its cutting-edge tools can be used for spot trading, and executed in futures markets as well. 

FTX and Kraken join a long line of exchanges where TradeSanta users can connect with the help of API — and collectively, these platforms have millions of customers. Binance, HitBTC, OKX, Coinbase Pro and Bybit are just some of the brands also supported.

A TradeSanta spokesperson told Cointelegraph: "With TradeSanta's trading bots, you can trade like a pro with tools designed to drive better results."

An all-in one platform

TradeSanta aims to be an all-in-one platform to enhance the crypto trading experience. Beyond bots, it also offers a terminal and a marketplace for copying professional strategists. This gives everyone access to cutting-edge tactics used by experts — and better still, their past performance can be easily scrutinized at the click of a button.

The crypto markets are in operation 24/7 — unlike Wall Street and the City of London, which only operate on weekdays. Recent months have seen significant moves in Bitcoin's price happen on weekends, with data from Arcane Research showing that BTC is especially prone to sell-offs during Asian trading hours.

Of course, human traders are unable to operate 24/7. We need time to rest and relax. Automated trading bots give us the ability to keep on top of the latest market moves even when we're sleeping — and decide the exact price points when we'd like to buy and sell. Having a clear-cut strategy determined in advance can also avoid the risk of acting impulsively and making financially significant decisions we may regret later.

Needless to say, the use of automated trading bots doesn't mean that crypto investors never need to keep track of what's going on in the markets. The mood music can change in the blink of an eye. In September, we saw Bitcoin suddenly rally to $22,500 — and then crash to $20,000 in a matter of hours after gloomy inflation data was released.

More insights from TradeSanta here

Big integrations

FTX has become one of the biggest crypto exchanges worldwide — and according to CoinMarketCap data, it has daily trading volumes exceeding $2 billion. It was founded by Sam Bankman-Fried, and the company has moved to be a bright spot in the bear market, making moves to acquire competitors. Back in February, FTX was also a prominent advertiser at the Super Bowl — enlisting the help of Larry David for a TV spot that underlined why cryptocurrencies were significant.

Connecting TradeSanta to an exchange via API is easy — and paid subscribers can also unlock access to TradingView Screener and Custom TradingView signals. During these times of volatility and economic uncertainty, TradeSanta's suite of tools can play a crucial role in helping traders stay one step ahead of the game.

Learn more about TradeSanta

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Tags
Bot
Related Posts
The crypto markets never sleep, but you need to: Trading bots rolled out to another exchange
A company that offers automated crypto trading bots has rolled out support for another exchange. TradeSanta says its infrastructure has now been integrated with Kraken — with spot and futures trading available. It's hoped this latest collaboration will introduce a new audience to trading bots, and forms a crucial part of TradeSanta's strategy to integrate as many exchanges as possible. TradeSanta's powerful tools can already be used across Binance, HitBTC, Huobi Global, Upbit, OKX, Binance US, Coinbase Pro, FTX and Bybit. Paid subscriptions can unlock access to TradingView Screener signals and Custom TradingView signals. According to the company, its suite …
Blockchain / Sept. 14, 2022
3 ways traders use Bitcoin futures to generate profit
Whenever there's data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it's degenerate gamblers using high leverage or other risky instruments. There's no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but that does not account for the entire derivatives market. Recently, concerned investors such as Nithin Kamath, the founder and CEO at Zerodha, questioned how derivatives exchanges could handle extreme volatility while offering 100x leverage. When a platform offers leverage or funds the customer to buy for more than the money in the account, the platform takes …
Bitcoin / Aug. 29, 2021
Is asymmetric information driving crypto’s wild price swings?
It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to regularly publish in advance a catalog of tokens being assessed for listing on its prominent trading platform is noteworthy. Coinbase’s plans, announced in an April 11 blog along with 50 crypto projects “under consideration” for Q2 2022, could help tamp down the pervasive speculation that surrounds small-cap tokens. Meanwhile, this can help alleviate industry concerns about “information asymmetry,” which typically occurs when one party to a transaction …
Blockchain / April 18, 2022
Q&A: What are crypto futures, why they matter, and the benefits they bring
In recent years, futures have started to play a pivotal role in the crypto markets. Yet if many of us were asked to explain what perpetual futures are, we'd break out into a cold sweat. Andrew Weiner, VP of MEXC, is on hand to explain how crypto futures work, what they're used for, and provide some fascinating statistics about how large this market actually is. 1. Hello! First off… can you give us a basic definition of what crypto futures are? So basically, a futures contract is an agreement to buy or sell a commodity, currency or another instrument at …
Trading / Oct. 19, 2022
Ethereum derivatives look bearish, but traders believe the ETH bottom is in
Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors' sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28. Newsflow remained negative after the United States Treasury Department's Office of Foreign Assets Control (OFAC) announced a settlement with Kraken exchange for "apparent violations of sanctions against Iran." In a Nov. 28 announcement, the OFAC said Kraken had agreed to pay more than $362,000 as part of a deal "to settle its …
Markets / Nov. 29, 2022