Crypto Autopilot as a TradeSanta alternative
Are you trying to decide which tool to use to invest in crypto? This page will help you do just that. Below you'll find a concise comparison between the OSOM Crypto Autopilot and TradeSanta, to help you choose a better tool for your needs.
Is Osom App a good TradeSanta alternative?
TradeSanta is a crypto trading bot that allows users to create, track and adjust their automated trading strategies. It was designed with crypto traders of all skill levels in mind. TradeSanta aims to make automated trading accessible to everyone and help users profit in the crypto market. The platform works on an inexpensive monthly fee and offers a 3-day free trial.
Creators of TradeSanta know, that making a crypto trading bot from scratch can be hard. This is why the platform offers a virtual trading bot. This allows users to set up hypothetical crypto trading bots and see how they would perform on a real crypto exchange without risking anything. Other than that, the TradeSanta automated trading bots come in two main configurations, for long and short positions. They can be later customized for DCA and grid trading as well as for smart orders. Users may also start configuring their trading bot from the ground up, without relying on a template.
To build your own crypto trading bots, TradeSanta offers several trading tools. There is also an option to copy the configurations of already existing crypto trading bots. TradeSanta offers several trading signals, but its signal library is limited. Currently, TradeSanta functions with seven major leading exchanges.
Unfortunately, three days of free trial is not enough to learn all the ins and outs of creating and managing a crypto trading bot. You may not want to commit $25-$70 monthly to learn how to set up automated trading and only start doing it afterward. With Osom, you don’t need to learn anything. Our Crypto Autopilot is set up for you and doesn’t require any prior knowledge.
Trading bots on 3Commas are highly customizable, giving users a lot of freedom to build their trading strategy
The abundance of different trading tools unfortunately comes at the price of being overwhelming to many inexperienced traders. Not all users may understand the differences between a grid trading bot and a DCA one, as well as when and how to use them effectively. Not only that but there are also smart trading tools features and purchasable trading signals.
This is why 3Commas lets users view other crypto trading bots' settings on the platform and copy them for themselves. This option allows inexperienced users to copy the trading strategies of professional traders for themselves.
3Commas works on a subscription model and offers a lifetime free account with limited options to set up free trading bots.
However, they require a lot of knowledge and time to set up properly. If you're looking for something that's set up "straight from the box", the Osom Autopilot might be a better fit for you.
Because even copying the trading strategies of others is risky. If they abandon their account, get locked out, get ran over by a car or go on vacation, you might keep following a dead strategy without knowing it.
If you don’t choose to blindly follow someone, to use 3Commas effectively you will need to research what coins to take positions in, and when to stop. You will need to research trading signals and follow the 24/7/365 crypto markets closely.
With OSOM, you leave it up to the team to review the investable universe daily and the algorithm to decide what portfolio to build. If you don’t want to be trading and would rather enjoy life, OSOM might be a better alternative
| Feature | OSOM | TradeSanta |
|---|---|---|
| Ease Of Use | ||
| Trading Experience Required | ||
| Monitoring And Management | fully automatic | semi-automatic if configured |
| Performance History | full | partial |
| Head Office In | Estonia | Armenia |
| Trustpilot Rating | 4.1 | 4.1 |
| Affiliate Program Available |
Feature highlights
Lower risk
Grid and DCA strategies come with high risks, we employ spot trading and long positions to manage your crypto portfolio.