The launch of the marketplace for copy trading, also known as social trading or mirror trading, has been announced by TradeSanta, one of the well-known automated crypto trading platforms on the market.
TradeSanta, one of the most well-known and popular cloud platforms for automated crypto trading, is happy to announce the release of their own marketplace for copy trading. In addition to choosing between DCA bots and Grid bots, the marketplace will enable traders to spot and copy the most successful long and short trading methods for spot and futures markets. Currently, almost all of the major crypto exchanges have a copy trade functionality, including Binance, Upbit, Huobi, HitBTC, Binance.Futures, Binance.US, Coinbase Pro, OKEx and Bybit. And that’s not all, since by the end of the year TradeSanta has a goal to include integration with FTX and Kraken as well.
TradeSanta has been in business since 2018 and it has already helped thousands of investors to improve their day-to-day trading. The software is designed to provide automated algorithmic trading strategies, allowing users to execute deals at the ideal time and without the need for ongoing supervision. TradeSanta’s users can execute transactions at the optimal moment and without the need for continual supervision thanks to the software’s automated algorithmic trading strategies.
The last 12 months were especially fruitful for TradeSanta’s team: futures trading on Binance, integration with Coinbase Pro, custom TradingView signals, various filters, and now the marketplace for social trading has been integrated into their system.
TradeSanta’s copy trading marketplace in 2022
Copy trade marketplace is suitable both for newcomers and experienced traders.
Beginner traders will be able to use the strategies without even having a solid grasp of technical indicators because the deals will be copied and closed almost simultaneously with the strategies’ creators.
The bots are currently free, however traders will have an opportunity to monetize their strategies in a few months, which means some products in the market will be charged for.
How do crypto bots work
One of TradeSanta’s top priorities is to make their product simple to use for traders of all levels of experience. To use an auto trading bot, you must first connect your exchange account to TradeSanta using API keys from the list of supported exchanges. When this is done, you must choose a trading pair, as well as trading strategy. After that, the bot starts operating in accordance with the rules that have been set and performs the required action on your behalf.
Crypto trading can be improved by automated trading bots regardless of the market conditions, which can be advantageous for all traders. While some traders favor investing during a bear market, others favor trading during a bull market. You can profit from both scenarios by using trading bots. Automated trading in these markets is particularly beneficial since, during bear markets, bots are fearless, and during bull markets, bots are not greedy.
What is TradeSanta
TradeSanta describes itself as an automated trading platform that intends to make algorithmic trading in crypto markets more accessible to all traders.
TradeSanta offers a variety of tools to support both novice and seasoned traders in their daily trading routines, including TradingView signals, technical indicators, risk management tools, DCA and grid strategies, demo trading for testing strategies, and more. Futures and spot markets are both available to TradeSanta bots.
TradeSanta wants to make their users less dependent on their laptops or mobile devices. Automated trading can help traders to concentrate on other areas of their businesses and lifestyles, spend time with family and friends, or get some much-needed sleep because, unlike humans, the crypto market never sleeps.
There are quite a few updates on the project’s roadmap that will come up in the near future, which includes enhanced bots analytics, a signal marketplace, public APIs for bots integration, integrations with DEXes, and new CEXes, so stay tuned for new information!
Learn more about TradeSanta trading bot
Join the TradeSanta on Telegram to discuss trading strategies and approaches.
Follow TradeSanta on Twitter for market updates.
Subscribe to TradeSanta’s YouTube channel to learn more about crypto trading.
Source: https://www.livebitcoinnews.com/tradesanta-launched-a-copy-trade-marketplace/