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The cryptocurrency market is notorious for its volatility. On the one hand, it provides a lot of opportunities for cryptocurrency traders. On the other hand, it increases the trading risks involved. Unlike traditional markets, the cryptocurrency market never sleeps and operates 24/7.

So how can you make the most out of the volatility that the crypto market offers without losing a good night’s sleep?

The perfect solution for traders to take advantage of crypto market fluctuations is to set up an automated trading robot.

About TradeSanta

TradeSanta is a trading robots software being both friendly to beginners and providing advanced tools for pro traders. TradeSanta has been operating since 2018. The service provides extensive documentation and video tutorials to facilitate the onboarding into automated trading.

Customer Support is always available to answer any questions and onboard into the automated trading world.

How It Works

The first step towards creating your first bot is connecting the account of one of the supported exchanges to TradeSanta via the API keys.

After that, all you have to do is choose a pair to trade, decide on a strategy (do you think the price will go up or down?), and some parameters (How many times do you want your bot to Take profit?). The bot will place the first order and then a take-profit order that will bring you the desired earnings.

TradeSanta’s bot also allows you to place some extra orders in case the trade goes south to take profit even if the market goes contrary to your bot’s direction.

TradeSanta Features

• Supports all biggest exchanges such as Binance, Huobi, Okex, and HitBTC
• Grid and DCA strategies: taking profit one time for all orders or several times for each order
• Stop Loss, Trailing Stop Loss, and Trailing Take Profit to manage risks
• Virtual trading to test the strategy against the real market conditions
• Manual trading on multiple exchanges in one interface
• Binance Futures trading to trade with leverage

What You Have To Know To Start Automated Trading

First of all, automated trading is all about automating as it follows from the title. First of all, you have to have a trading strategy to automate. If you haven’t decided on your trading strategy yet, make sure to take some time and answer the following questions:

1. What coins will you trade: stable coins, altcoins, or just BTC?
2. How much currency will you be trading?
3. What exchange will you trade on?
4. What’s your trading style: consistent small profits or playing big?

Automated trading is a useful tool to save your time and let the robot take care of monitoring the market. However, some help will be needed from your side for the bot to make some profit.

How To Set Up A Bot

You can use one of the preset templates provided by TradeSanta or set up a bot from Scratch.

1. Choose one of the connected exchanges, the pair, and the expected price direction. Once you’ve selected the pair, you will see the price dynamics, the coin balance, and 24h volatility to help you decide if you want to trade this pair.

2. Choose one of the bots templates for DCA strategy (one Take Profit order) or Grid strategy (separate Take Profit order for each). Decide on the bot parameters: Take Profit, Number of Extra orders (how many orders will be placed if the price goes in the contrary direction) and Step of Extra Order ( the percentage of price change between the two orders).

Here you can also decide on the volume of each order. The calculator will show you if you have enough coins to cover the first and extra orders.

3. The last step is managing the risk with the Stop Loss and Trailing Stop loss as well as deciding on whether you want the bot to start the deal based on technical indicators.

Security

To trade via automated bots the only thing you need is an exchange account. TradeSanta connects to the exchanges via API. The withdrawal option is disabled by default, make sure it stays that way! TradeSanta does not have any access to your funds, the bots can only place and cancel trades.

TradeSanta takes security seriously and offers 2FA authentication to further secure accounts.

TradeSanta Plans

TradeSanta doesn’t charge any trading fees. All the traders get a 3-Day trial of a Basic Package.

TradeSanta offers 3 plans differing in number of bots and some functionality:

• Basic Plan: 49 bots, Unlimited Number of pairs, technical indicators. Starts at $14/month
• Advanced Plan: 99 bots, benefits of Basic plan, Trailing Take Profit. Starts at $20/month
• Maximum Plan: Unlimited number of bots, benefits of Advanced Plan, Futures Trading. Starts at $30/month

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Cryptocurrency debit cards are becoming increasingly popular in Europe as a convenient and flexible way for users to spend their digital assets in the real world. These debit cards work like traditional bank cards, allowing users to make purchases at merchants that accept Visa or Mastercard, but with the added benefit of being able to spend cryptocurrency directly.

One of the main advantages of using a cryptocurrency debit card in Europe is that it allows users to easily and quickly convert their digital assets into fiat currency. This can be particularly useful for those who want to make purchases at merchants that do not accept cryptocurrency or in countries where cryptocurrency adoption is not widespread. Additionally, many cryptocurrency debit cards offer competitive exchange rates and low fees, making them a cost-effective option for users.

Also, if you are a crypto holder or you’d like an easy way to earn more crypto, then crypto debit cards are probably the product you’re looking for, due to their cashback incentives and interest accounts.

In my opinion, these are currently the best crypto debit cards for European residents right now:

• Nebeus
• Binance Card
• SpectroCoin

Let’s have a deeper look at each of these.

Nebeus

The Nebeus crypto debit card is a payment card that allows users to spend their cryptocurrencies at merchants worldwide. The card works just like a traditional debit card, allowing users to make purchases both online and in-store, as well as withdraw cash from ATMs. The Nebeus card supports a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, among others.

One of the key benefits of the Nebeus crypto debit card is its ease of use. Users can easily transfer their cryptocurrency to the card, which can then be used for everyday purchases. This can be particularly useful for users who want to use their cryptocurrency holdings to make purchases, but who may not want to go through the process of exchanging their cryptocurrency for fiat currency first.

In addition to its ease of use, the Nebeus crypto debit card also offers a range of security features, such as two-factor authentication and encryption, to help keep users’ funds and personal information safe. The card is issued by Mastercard, which means it can be used at millions of merchants worldwide, and it also comes with a mobile app that allows users to manage their account and track their spending in real-time. Overall, the Nebeus crypto debit card is a convenient and secure way for users to spend their cryptocurrency holdings, both online and in-store.

Get your Nebeus card

Binance

The Binance Card is a debit card that allows users to directly spend their cryptocurrency holdings at merchants that accept Visa. It is one of the few cryptocurrency debit cards that provides a direct connection to the user’s Binance account, one of the world’s largest and most popular cryptocurrency exchanges.

One of the key benefits of the Binance Card is that it supports multiple cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin, providing users with a range of options for spending their digital assets. Additionally, the Binance Card offers competitive cashback rewards for its users, with up to 8% cashback on every purchase. The amount of cashback depends on the user’s level of card and the amount of Binance Coin they hold.

The Binance Card also provides a high level of security, with features such as two-factor authentication, real-time transaction monitoring, and the ability to freeze the card instantly in case of theft or loss. It is also available in various regions, including Europe and the United States, and it supports instant transactions, making it easy for users to track their spending and transaction history.

To use the Binance Card, users must apply for the card and have a verified Binance account. Once approved, they can load their card with cryptocurrency and begin using it at any merchant that accepts Visa. The Binance Card app makes it easy for users to manage their card, monitor their spending, and track their cashback rewards.

There isn’t really much to say about Binance, it’s one of the world’s most popular exchanges. Having a card linked to your favorite crypto exchange is super handy, and many just don’t bother with other services beyond the Binance card. It’s convenient and reliable, and works in Europe.

You also earn up to 8% BNB Cashback everytime you spend, so if you already use Binance as an exchange, it’s a no-brainer to use their card too.

Get your Binance card

Which is your favorite crypto debit card? Other options that have been mentioned to me are Swapin, Moon.