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.
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.
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.