TradeSanta is the go-to app for many crypto traders looking to automate their trading process. This cloud-based platform is prevalent because it focuses on automating some well-known strategies and giving users a simple and intuitive interface.
The platform has been live since 2018, but it only started gaining traction in 2019 and now has over 25,000 users. However, despite its merits, it has some shortcomings, such as a lack of social trading and other things like demo trading.
Individual traders might also have other specific things that they do not like about TradeSanta. However, here we look at some of the best TradeSanta alternatives in 2021 to help ensure you have an excellent option to go for if the company does not meet your needs.
TradeSanta Alternative To Checkout
3Commas is a Canadian company based in Vancouver. The trading bot has been active since 2017, and its primary purpose is to help crypto traders manage their digital assets and trade automatically from one central place.
This trading program will link to over 23 different exchanges and offer various tools to help you develop winning trading strategies or replicate what other successful traders use. These tools will help traders minimize risk, limit losses and do much more across multiple trading platforms.
There are 4 types of bots you can use on the 3Commas platform, which are simple, short, composite, and composite short bots. The platform provides clear direction on how to use each bot, so even newbies should have an easy time.
Although the platform allows you to try it for free, you need to get one of their 3 paid packages to get all the features and functionalities. Pricing for these packages starts at $14.5 for the Starter plan, while the Pro plan goes for $49.5.
With Quadency, you get a highly dependable trading bot that you can rely on to execute completely automated trading, whether you are an individual trader or even an institution user. The digital assets management platform will ensure you always get a smooth trading process.
The platform will include advanced trading tools, portfolio analytics, strategy automation, and several other functionalities designed to give you a more innovative way of managing your crypto assets.
You can use the bot across reputable crypto exchanges, including Binance and BitMex, when trading over 4,000 digital assets pairs. Furthermore, they provide a highly intuitive user interface to ensure trading is a breeze for you.
Quadency has a free Lite package with functionalities like portfolio monitoring, developer tools, and automated trading. However, for those who want to get the best from the platform, their paid plans are ideal: $49 Pro package and $99 Unlimited plan. To learn more about this crypto bot, check this Quadency review.
If you prefer to use a trading bot that has been tried and tested, Bitsgap is a fantastic option. The platform has been around since 2018 and allows you to connect to over 25 different exchanges.
Better still, you can use it to trade in over 10,000 asset pairing, which is more than what most other companies accommodate. This platform makes it easy to create complex trading strategies in just a few mouse clicks, and it has a fully automated 24/7 operation.
Keeping track of your trading is more straightforward with Bitsgap as there is a chart for this on the interface. Also, the funds remain at the exchange to ensure maximum security, and you can use this bot without ever having to download it.
Pricing for Bitsgap plans starts at $19 per month for the basic package, while the Advanced program goes for $44, and the Pro package will set you back $110 every month, but it is worth every buck.
You do not always need to pay to get a good trading bot for automating your crypto exchanges, and Pionex proves this. Despite being a free service, Pionex keeps up with the paid option, which makes it a good TradeSanta Alternative.
Pionex is one of the global leaders in the trading bot industry, and it offers traders up to 12 free trading bots, including the grid trading bot that retail investors can use to streamline their trading. The platform also has excellent liquidity as it aggregates its liquidity from leading exchanges like Huobi and Binance.
Safety should also not be an issue as it is a licensed and regulated company with an MSB license from the USA and Singapore.
You can use their trading bots on most smartphones as their app supports both iOS and Android operating systems. One more thing you need to know about Pionex is that it also has some of the lowest trading fees in the market.
If you are an experienced trader who prefers to create your own technical analysis, Cryptohopper is perfect for you as it makes this easy. What’s more, they give traders a cloud-based platform for managing their digital assets across 8 different exchanges.
Traders can use semi-automated trading tools across these different platforms to maximize profits while still retaining significant control over their trading strategies. Moreover, the bot also gives you crypto signals from a third party to help you decide whether to enter/exit a position.
Besides the automated trading processes, this platform also includes social trading capability, allowing traders to collaborate with others to improve their earnings.
Cryptohopper has a free package with a few positions and basic functions like portfolio management like most other top-tier trading bots. Their paid plans start at $19 for the Explore pan and go up to $99 for the Hero plan.
The HaasOnline platform allows traders to trade using over 16 different trading bots. Additionally, it will support more than 50 indicators and other things like safeties and insurances to enable traders to create complex trading strategies.
Additionally, users can program the script bots to allow for even smoother trading or integrate backtesting with the Telegram application. The dashboard is also customizable, allowing users to create a more personalized trading platform.
For those just starting with trading bots, there is a highly detailed tutorial on the HaasOnline platform, which is very useful at ensuring traders get a good grasp of the workings of the bots for easier trading.
This trading platform integrates with over two dozen exchanges from the larger ones like Binance, Bybit, and BitMEX to others like Lonomy and CEX.IO. The traders need to part with at least 0.004 BTC every 3 months to use the HaasOnline services when it comes to pricing.
Coinigy connects its users to over 45 exchanges across the globe. The vast trading platform connection allows the company to give traders real-time pricing data, an arbitrage matrix, and a full-featured spot trade platform. Additionally, they offer a wide array of portfolio management tools and aggregation tools.
Portfolio management services are round the clock, and the company makes it easy for traders to stay ahead of the game with real-time alerts via SMS and emails. Better yet, the company allows you to monitor all your wallets from one central place to minimize the risk of theft.
There are no trading limits when using Coinigy, and the company will not charge you any extra trading fees. Also, the platform provides some of the most extensive charting tools and excellent market data to allow traders to execute the most complex trading strategies.
The company has a free starter account and two paid plans: the $18.66 Pro Trader and the $99.99 API Developer Pro monthly plans.
Coinrule is one of the industry leaders in trading strategies template offering as they will offer more than 130, and the number is constantly growing. Hence, you can be sure the company will always have an ideal template for you regardless of the strategy you want to execute.
The automated trading platform allows you to trade on the most popular exchanges, such as Kraken, Coinbase Pro, and Binance. With all the tools you get on the Coinrule platform, it is easy for regular traders to compete with hedge funds and the pro algorithmic traders.
There is no coding required when using the platform, making it one of the most beginner-friendly options out there. Better still, traders can set custom rules for trading, and they provide a reliable market indicator that you can use for easy funds allocation.
Other things like military-grade encryption, real-time customer support, and the ability to test rule performance using past data make this an even more ideal platform. Also, the platform integrates with over a dozen exchanges, and you can start for free.
9. Stacked Invest
Stacked Invest will allow all traders to automate their portfolio management process, access highly advanced trading bots, or invest in crypto indices. The company tries to make the crypto investment as simple as possible, which explains why it is highly popular with beginners.
Stacked currently works with around a dozen crypto exchanges, including BitMEX, Binance, Phemex, Coinbase, and Voyager. Also, the platform is non-custodial, meaning your assets remain with the exchange to ensure maximum security. This fact and the use of encrypted APIs make the platform highly secure.
There are also pre-built stacks that will give you instant access to the company’s pre-built portfolios modeled from the most popular hedge funds crypto indexes and professional investor portfolios.
Stacked Invest offers two package options: the free Stacked Lite plan for beginners and the Stacked Invest plan for $24.99 per month.
NapBots is a cloud-based crypto trading service that aims to make trades completely automatic. The AI-powered system is open to all kinds of traders and offers advanced strategies with some highly experienced traders backing.
The platform has introduced over 20 different test-focused plans and KPIs, and they plan to have even more in the future. Also, the bots can work on almost all leading exchanges, including OKEx, Binance, and Bybit.
Many traders love NapBots because it gives them a secure trading environment and allows them to secure their money with API keys. Additionally, traders can keep track of any investment output straight from their phones.
NapBots offers a 7-day free trial, and once the trial period elapses, you have to choose from Silver, Gold, and Platinum plans. The Silver plan goes for €19 per month while the price for the Platinum plan is €99.
Zignaly is a next-gen trading platform with some highly advanced features that cater to all kinds of traders. The cloud-based bot supports automated trading 24/7, an integrated mining hamster, and crypto quality signals to ensure traders are always on top of things.
You can use this trading bot with any installation, and it will allow you to split profit targets and check results per the position. The bot supports over 21 crypto signals, and traders can integrate it to at least 6 different exchanges.
What’s more, security should not be an issue as the platform is non-custodial, meaning the assets remain with the exchanges to minimize the risk of loss. Traders also love that the platform provides one of the most user-friendly interfaces.
You can use Zignaly for free as they currently do not have any monthly subscription plans. Despite being a free platform, the traders still get unlimited pairings, positions, and exchange accounts.
Trading bots like TradeSanta provide an easy way to take your crypto trading a notch higher with automated strategies that are guaranteed to increase your yields. However, if this popular bot does not work for you, there are still many other alternatives out there.
Each alternative on our list above has its merits and shortcomings and will work for different kinds of traders.
That said, 3Commas and Bitsgap seem to be the most ideal for a majority of pro and beginner traders, while Pionex and Zignaly are the best for those looking for free bots.