Bitcoin trading bot

Bitcoin trading bot is a piece of software developed to automate the process of Bitcoin trading. Such a bot gives advantages to a trader who owns it over other traders who don’t own the bot and trade Bitcoin daily on their own.

Set up bot

How to launch bot for Bitcoin?

Connect exchange or create HitBTC account in one click

Choose trading strategy

Set up your first bot

The advantages of Bitcoin trading bots over humans who prefer manual trading include several things: bots buy and sell based on market calculations and analytics; they are certainly not affected by emotional swings and fatigue. In addition, they work faster than when a trader manually clicks to place an order.

If you want to run a bot, you will normally have to buy a package allowing different options, such as different bot types, different trading volume etc. Good news is that with TradeSanta, you can endlessly run up to 2 bots for free if your volume is less than $3K/month.

Bitcoin Trading Software

Bitcoin trading software is a software developed to offer you Bitcoin trading on top of different crypto exchanges.

We have already covered manifold crypto exchanges and platforms that offer you spot trading and Bitcoin trading with leverage. Check them out to choose the best Bitcoin bot. In case with TradeSanta, a cloud-based solution for automated crypto trading, it suits either professional or novice crypto traders. Plus, you can buy and sell on the go using an iOS or Android app.

Our service connects you to such exchanges as Binance, Huobi, OKX, HitBTC, Bybit, Kraken, and FTX.

Bitcoin Trading Strategies

represent a set of pre-programmed algorithms you can choose from while setting up your Bitcoin bot. Traders choose those strategies in accordance with their personal trading style and habitual rhythm.

For example, if you use TradeSanta bots, you might want to go long or short, plus, you can choose between Grid and the DCA algorithms.

To date, we connect our trading bots to the most prominent exchanges and offer four plans to our clients: Minimum, Basic, Advanced and Maximum. Basic and Advanced cost $25 and $45, respectively, and Maximum is $70 per month.

The Minimum plan is free of charge and covers two bots. Depending on the plan, you can use many more crypto bots, including grid and smart-order algorithms.

Bitcoin Trading Pros

No intermediaries

Compared to traditional markets that are traded through brokers, trading Bitcoin doesn’t require any middlemen and, thus, the process costs less. You can easily create an account, get verified and start trading in a matter of minutes.

24/7 service

As you know, traditional markets operate only on weekdays, and stop after working hours, except for forex. By contrast, you can trade Bitcoin 24/7.

Bitcoin Trading Cons

High volatility

Crypto trading is not recommended for absolute starters who know nothing about trading, financial markets, forex and stocks. How so? Because Bitcoin’s volatility is notorious. The price can go up and down up to 10, 20 and even 30% a day.

TradeSanta strategies

DCA strategy

There are 2 main aspects when it comes to the trading fees on HitBTC: trading fee tiers and the “maker-taker” system. Trading fee tiers is a rewarding program for traders with high trading volumes. That means the more you trade the lower your fees are. You can check out the full list of tiers.

DCA Long strategy

DCA Short strategy

Grid strategy

Grid Long strategy

Grid Short strategy

Set up bot

Frequently Asked Questions

What is trading bot?

Crypto trading bot is a software program, which automatically executes trades according to a predetermined strategy. Basically, the trading bot places buy and sell orders on your behalf on the crypto exchange.

How does TradeSanta work?

Once your trading bot is set up and ready to buy and sell cryptocurrencies, it will open a deal either immediately or after a signal from technical indicators is received, depending on the filters set. For the first order crypto bot buys the amount of base currency indicated in the settings by the user.

What settings are the best?

There is no "best strategy" for automated cryptocurrency trading, it is not a money making machine. You may use one of the templates to start and adjust them according to your needs after. To get the best results you should conduct your own research and make your strategy, according to your trading volume, market situation, chosen cryptocurrency pair and etc.