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Bot-traded futures, explained

According to TradeSanta, demand for trading bots has increased substantially of late.

The latest figures from the platform’s website suggest that it now has more than 100,000 active users, and over 3,200 active trading bots. More than 3.8 million deals have also been completed since the software launched.

A range of technical indicators are provided by TradeSanta, and the software also allows large volumes of crypto to be bought and sold without causing prices to spike or drop. Trading bots can also be launched in just five minutes using pre-set templates — and alternatively, users have the freedom to build customized strategies from scratch.

Futures and other derivatives have become increasingly popular in the world of cryptocurrencies as the industry matures. TradeSanta is hoping to provide the technology that allows traders to make the most of this new trend and enjoy levels of automation that are commonplace in stocks, bonds, commodities and forex.

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