12. TradeSanta and 3Commas: Features
Though having different features, both 3Commas and TradeSanta run their services alike with common facets. But 3Commas have a great advantage because of their reliable bots that produce great successful profit stories from traders.
Both 3Commas and TradeSanta have Grid and DCA bots that traders can customize and set limits before the bots start trading. Both also offer automated trading for trader’s easier transactions.
TradeSanta gives the user the power to choose between ready-made strategies, long or short, or they can customize their own and start from scratch. For beginners, choosing a ready-made strategy is best as they can just set controls as they like for ease of trading, especially if they do not have much trading knowledge.
While trading, TradeSanta has an “Extra Order” feature that if it goes against the user, it will add to the position, which will make a smaller move gain a bigger profit, which makes the original profit target possible.
3Commas, on the other hand, offers users to purchase bot algorithms made by other traders, or they can make their own. 3Commas also allows users to copy other bot settings and adjust them based on their preference. One good news for traders is that 3Commas has a new bot feature, Options bot, where users can choose from strategies made by experts and create a new trading bot
Some traders, particularly experienced and expert ones, say that there is lower risk in trading with 3Commas because 3Commas have Smart Trading Tools like Concurrent Take Profit and Stop Loss, Take Profit and Stop Loss Trailing Feature, and Smart Cover, which helps traders gain profit when trading no matter what. Truly, 3Commas is suitable for anyone, no matter what their level of trading is because it has great tools.
Both platforms offer referral programs in which users can invite colleagues, friends, and acquaintances to try the platform and join their growing community of traders. Through referrals, the user can earn via crypto payments and spend it on the platform or withdraw the money.
Even with both platforms having available trading bots and referral programs, experts saying that there is lower risk in trading makes users feel more at ease with 3Commas