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The main difference between these two is how taking profit is allowed – separately for each buy (Grid) or average price for all buy orders (DCA). Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site.
Due to a big variety of trading options, TradeSanta allows users to enter both short and long positions easily and quickly. There is a user-friendly interface for simple start and responsive support to solve any https://www.tokenexus.com/what-is-a-token/ issues without delays. The Maximum plan of TradeSanta offers no-commission trading on HitBTC. The users of a Maximum plan can design unlimited amounts of trading bots and can access unlimited crypto pairs.
This content shouldn’t be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed. Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you’re unfamiliar.
HitBTC is a platform used to exchange virtual currency, such as bitcoin. HitBTC is based in Hong Kong. HitBTC provides a service for customers to create web-based "wallets" to store virtual currencies, including bitcoin and others, and to make transactions with virtual currency.
There is no minimum limit of the balance to transfer to TradeSanta’s balance, but you should get at least $30 to withdraw funds to the external wallet. If you appreciate a free trial and would like to earn using a TradeSanta trading approach, there are 3 basic plans to choose from. Coinmama HitBTC Review is a leader exchange in the crypto community by a group of crypto experts and entrepreneurs. After that, send the coins you want to exchange to the displayed wallet’s address. SimpleSwap actually supports different coins that you’re more likely to find what you’re looking for there.
It allows applying different trading strategies and makes crypto trading available to everyone. The platform offers an informative dashboard to monitor and modify all trading bots created, get new ones, check balance and perform other tasks. Furthermore, new users can access the TradeSanta Glossary or look for answers to many questions in the FAQ section.
The reported issues are of all types, from a slow verification procedure, to coins “lost”, to not allowing withdrawals, to … basically every problem one can imagine. On top of that, there are claims the BTC volume at this exchange is artificially increased. I have emailed my reply, and will I be able to withdraw my revenue without paying ransom? HitBTC should stop what they are doing and return the ransom money to their cliental who paid the ransom not knowing the Accelerator Package is actually deceiving them. NowHitBTC-eth.net is infringing on the real HitBTC and should cease operating using the HitBTC.com name. Other negative comments could be against HitBTC-eth.net and not HitBTC.com I certainly don’t know.
Using the instant buy feature is straightforward but typically more expensive than using the spot market. Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page. Trading may seem confusing for beginners until they try automated trading. However, even if they face any difficulties or will need professional assistance, TradeSanta customer support is always at hand.
In case the price moves in the opposite direction than you expected, a bot will place an extra buy or sell order for a bigger number of coins at the current cost. It allows making a profit using a smaller price range during the next trades. It means that with more coins possessed at the moment it will be easier to turn this loss into a winning trade. TradeSanta is a bot that should be installed to be activated. When this is done, it is ready to buy and sell cryptocurrencies.
TradeSanta has been on the crypto automated trading market since 2018. It is a cloud-based software that offers crypto trading bots for different crypto exchanges. It is one of the most efficient tools for crypto traders who don’t have much time to dedicate to daily trading. The TradeSanta crypto bot is executing trades on behalf of its users by following the preferences and strategy choices. There are no limits to how many trading bots you can create at Trade Santa and you can set up as many custom settings as you like. TradeSanta supports several most popular crypto exchanges including Binance, BitFinex, UpBit, Huobi, HitBTC, and Bittrex.
TradeSanta has a revenue of 5-10 million US dollars annually and is held privately. Methods of payment
HitBTC only accepts bank transfers from institutional level clients. The regular traders/investors must transfer their crypto-assets directly. Wallets are provided for every major coin, available at HitBTC, which means basically every major coin. The majority of the companies in the crypto-space are not regulated, which always brings a bit of worry, when dealing with them. Most regulatory agencies, like the UK’s FCA, do not recognize such entities as which they should monitor (yet).
