The company promises that more are coming to be featured on the platform, notably two of the largest crypto platforms – Kraken and KuCoin. TradeSanta also features various technical indicators and tools at the disposal of platform users. These indicators allow traders to set up two types of bots – Grid and DCA.
You can still purchase SOLVE by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another. The leverage ratios for different token pairs also differ within the same exchange. HitBTC, for instance, offers 🗙10 leverage on BTC/USD while giving out only 🗙5 for SOL/ETH pair. These are technical indicators that allow a bot to enter the market at the necessary moment. Currently, TradeSanta supports several popular exchanges including Binance, Bitfinex, Bittrex, HitBTC, Upbit, OKEX, and Huobi.
Final Remarks on TradeSanta Bot
HitBTC is also not registered as a payment provider, as it only provides banking services to “institutional investors and major market makers”. The TradeSanta team argues that one of the biggest advantages of automated trading is that you can step back from updating your charts constantly. With TradeSanta’s Maximum plan, you can run unlimited number of bots day and day out based on pre-programmed strategies of your choice. TradeSanta is a great fit for both experienced and novice traders. In the dashboard, you can find charts from Binance, Bittrex, Bitfinex and HitBTC in addition to exchange rates, charts and tutorials. Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency.
After that, you will receive an opportunity to create bots and start trading. These cryptos can be traded in various pairs including fiat currencies, crypto-to-crypto (the most popular pair is Bitcoin Cash or Bitcoin). Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in
the UK to help you choose the one that’s right for you.
If you prefer Grid, all orders will be triggered by a bot only for the amount indicated and when sell indicators are met. This strategy is used when markets are relatively stable and you can make necessary adjustments quite frequently. A floating exchange rate is a rate that might change within 1 second Due to the volatile nature of the cryptocurrency. Get our most aggressive (and profitable) automated strategy up to date for as low as $0 in upfront fees (also available via rental). However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose.
The Wizard will guide you through, and preset strategy templates will encourage you to start. Cryptocurrencies are speculative and investing in them involves significant risks – they’re highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested.
Building Plan Review
Minimum initial deposit
The minimum deposit at HitBTC is everything above the given coin’s network fee. This is quite obvious to experienced traders, but may not be for newbies. Given the fact the company does not accept fiat currency deposits from most clients, mentioning a USD level will not make much sense.
All strategies and technical indicators, as well as trading tools, are supported in the plan. Telegram notifications and dedicated customer support care representatives are also included. The main reason why TradeSanta looks outstanding in the crypto market is the variety of automated trading options it offers. Despite the complexity of the trading process, this platform makes the process simple, fast, and beginner-friendly. The number of exchanges supported is constantly growing and the connection process seems very easy and fast, so you can start trading almost immediately after registration. As we have already mentioned, TradeSanta users can use two types of crypto trading bots – Grid bot and DCA bot.
https://www.tokenexus.com/what-is-ripple-and-how-does-it-work/ by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about the broker in this HitBTC Review. Suggested companies are based on people’s browsing tendencies.
What are HitBTC rate limits?
for the Market data and other /public requests, the limit is 30 requests per second for one IP; for Trading, the limit is 500 requests per second for one user. Trading includes place, replace and cancel order requests; for all other requests, the limit is 20 requests per second for one user.
Another important setting to adjust is the base currency and the amount to be traded. The first order of the bot is to buy a necessary amount and the next step is placing the Take Profit order in addition to several Extra orders. The last ones are necessary to benefit from the price fluctuations and adapt original trading strategies HitBTC Review to new circumstances. TradeSanta supports several filters as technical indicators to ensure that all of its bots enter the market at an optimal time. The available filters on the platform include Volume filter, Daily filter, and Bollinger signal. However, users can choose all three filters simultaneously, as well.