Gone are the days when manual crypto trading was the norm. The crypto market is active round the clock, and it is impossible for a person to trade manually without losing out on profits. However, many crypto trading platforms offer users a chance to invest in pre-made trading strategies or build their own and automate their trades. Many professionals are now building and selling their own trading strategies, a process known as copy trading, social trading and mirror trading.
However, as new platforms come into the crypto market, it is essential to choose the right one for your investment needs. Each platform has a certain set of advantages and some shortcomings. Therefore, through this article, we will save you some time searching for the best crypto platform to invest in and review three such platforms. This article will discuss many vital features in detail and then score the platforms for each feature to provide an overview.
Here’s the TradeSanta vs Mudrex vs BitUniverse comparison
TradeSanta is a cloud-based automated trading platform built for traders of all kinds. Its primary feature is the plethora of powerful tools it offers to its traders, especially for automated trading. Users can opt for automated trading to build their own trading bots with custom signals and features or invest through premade strategies. The platform has gained quite some footing in the crypto market in recent years, majorly due to its powerful tools and easy investment process.
Mudrex is a new-age cloud-based marketplace of crypto automated trading algorithms. With an easy-to-use platform, it is bringing crypto investments to everyone. At Mudrex Invest, users can view and invest in pre-made trading bots created by expert crypto traders. These bots are 100% automated and spread across multiple exchanges and coins, helping you expand your portfolio across tokens.
However, if you wish to make your own trading strategy, you can use the Mudrex Build platform. Here, users can build, backtest and publish their trading strategies without writing a single line of code using drag and drop technical indicators.
BitUniverse is an auto cryptocurrency portfolio tracker & trading bot. BitUniverse is where ‘Technology Meets Trading’, as its website suggests, and rightly so. This cloud-based crypto trading platform offers automated and semi-automated trading bots for users of all proficiencies. The platform provides support for a large number of trading pairs and technical indicators, helping users automate their trades consistently.
TradeSanta vs Mudrex vs BitUniverse — A Review
In this TradeSanta vs Mudrex vs BitUniverse review, we will score each platform from 0-10 on multiple features that we think are essential for any crypto trader. These include platform reliability, pricing, ease of investment, support and many more. The final scores are given below, and the detailed review follows.
|Trading Strategies and Profitability||7/10||9/10||7/10|
|Ease Of Investment||7/10||9/10||7/10|
|Community & Support||8/10||9/10||7/10|
#1 Platform Reliability
A reliable platform is a must for any investor before they can put their funds in it. Therefore, we review these platforms and their reliability.
Launched in 2018, TradeSanta offers a user-friendly platform powered with sturdy trading tools to help traders make the most of automated trading. Since its launch, it has gained quite an impressive user base and has over 40,000 active users and nearly 12,000 active trading bots. Keeping user security in mind, TradeSanta offers 2FA security, allows users to trade with limited API permission requirements, and does not hold any withdrawal permissions.
Mudrex was launched in 2019, is based in San Francisco and is backed by Y-Combinator. The platform has gained popularity quickly and has over 15,000 investors and a total trade value of over $500 million till now. It has employed definitive security measures such as no withdrawal permission required API, 2FA, and lightning-fast customer support.
BitUniverse is an all-in-one cryptocurrency portfolio manager that helps users invest through fully automated or semi-automated bots. Launched in 2017, BitUniverse is now headquartered in California, originally stemming from Hong Kong. With over 1 million users on the platform, the platform has a monthly trading volume of around$5 billion. To help users invest freely, BitUniverse employs definitive security measures, such as AES encryption, code security review & AWS Private VPC.
A reliable platform gives a trader peace of mind and can help them invest freely. Mudrex and BitUniverse get the top rank in platform reliability, majorly due to their focus on security and assisting users to make informed decisions.
#2 Trading Bots/Strategies and Profitability
There are a lot of bots available for the traders, but which ones are profitable? Here, we review the bots or strategies offered by these platforms.
Trading At TradeSanta
At TradeSanta, investors can choose from a pool of premade strategies or create their own. TradeSanta also offers a Virtual Trading space, where users can safely test their trading skills using demo balance and see out TradeSanta bots in action. When trading manually, users can implement their own strategies using multiple technical indicators. The premade strategies help traders select their long or short positions and automate their trades accordingly.
Some of the trading strategies provided by the platform are:
- DCA (Dollar Cost Averaging): The bot buys more coins if the trade goes in the opposite direction of the bot, increasing chances of profits
- Grid: Take advantage of price fluctuations and extract profits
- SmartOrder: Buy and sell a significant amount of cryptocurrencies at market price with split orders
Trading At Mudrex
The Mudrex dashboard provides all vital details about the available trading strategies, which include the cryptocurrency the bot trades in, total lifetime returns, number of investors in each strategy, a performance score by Mudrex rating each strategy after a risk vs reward analysis, total run time of the strategy, the monthly fee and the last 30 day returns. Mudrex offers an abundance of strategies in multiple cryptocurrencies across exchanges, helping traders automate their trades and sleep while you trade.
Investors can easily view the top performing bots, and some of them are listed below with their returns in the past 30 days:
- AIR: Binance Coin BNB: ~105.3%
- Windfarm BNB: ~91.2%
- VdET76 – SafetyFirst profit-trading on VET: ~68.7%
Trading At BitUniverse
The BitUniverse platform helps investors make informed decisions with essential details right there on the dashboard. Traders can either select the premade bots or manually select their trades to automate. The premade bots implement various strategies, helping users expand their portfolio without using only a single strategy.
Some of the trading strategies provided by the platform are:
- Grid Trading: Take advantage of price fluctuations and extract profits
- Trailing Take Profit Bot: Trailing Take Profit will help you to always sell close to the top of a pump, maximising your profit
Mudrex platform receives the highest score in trading bots and profitability due to its highly profitable and easy to invest in bots.
Trading Bots/Strategies and Profitability
#3 Pricing / Platform Usage Fees
High platform pricing is a big no-no for many investors, especially beginners. Therefore, we review how the pricing model on these platforms works.
TradeSanta has three packages for its users. The first package is Basic ($14/month), with features such as up to 49 trading bots, unlimited trading volume, unlimited pairs, general support, and all pre-made trading strategies. The following package is Advanced ($20/month), including up to 99 bots, Telegram-support, new statistics, and all the Basic package features. The final package is Maximum ($30/month), which consists of all Basic and Advances packages features and additional statistics.
To help everyone invest in cryptocurrency, Mudrex Invest does not charge a set platform fee from its users just to use the platform. Users need to pay a small fee only when they start investing in a bot, which can be as low as $5 a month. The minimum investment amount on the platform is $150 (exclusive of the strategy fee). Mudrex also offers a unique feature for investors, called Mudrex Protect. Strategies with the Mudrex Protect stamp come with a fee return guarantee if there is no profit in a month.
However, if you want to build, backtest and deploy your own trading strategies, you can opt for the Mudrex Build platform. The platform has both a free and paid version, where the free version comes with basic tools to help you understand the platform. The paid version costs $16/month when billed annually and offers additional features such as unlimited backtests, the ability to publish strategies on Mudrex, and 24×7 support.
While the platform used to have two payment models, it has now converted to a free to use platform for all. However, while using the bots, traders have to shell out a specific fee for your profit, which can vary according to your chosen strategy. Moreover, there is a minimum investment amount when you invest in particular bots or pairs, ranging from bot to bot.
Since both Mudrex and BitUniverse have a pay-when-you-invest model, they hold the top rank in platform pricing.
Pricing / Platform Usage Fees
#4 Ease of Investment
Many investors do not like going through complicated processes to start investing and like the process to be short and simple. Below we review the ease of investment offered by these three platforms.
How To Start Investing On TradeSanta
TradeSanta provides a user-friendly experience on its platform, and users can start trading on the platform very easily. Since an exchange account is required to trade on the platform, if a trader doesn/t have that, TradeSanta offers a one-click account creation with HitBTC right through its own interface.
Here’s how you can start investing on TradeSanta:
- Create/ Login to your TradeSanta account;
- Pay the platform fee;
- Connect an exchange account, or create a new one within the platform;
- Create a bot by selecting the exchange and trading pair;
- Choose the desired template and volume you want to trade;
- Manage risks by implementing signals and stop-loss;
- Start your bot, and you are good to go.
How To Start Investing On Mudrex
Mudrex’s investor-first approach has worked wonders, as it provides a stellar user experience to all its users, who can start investing in just a few clicks. The UI is minimal yet intuitive and has all vital details that can help the user make informed decisions about the bot they are investing in. Even though the platform is currently unavailable on mobile devices, the desktop version’s handiness makes up for it quite well.
Here’s how you can start investing on Mudrex:
- Create/ Login to your Mudrex account;
- Connect the desired exchange with API keys;
- Choose the bot you want to invest in and select the amount;
- Pay the platform fee, and you are all done.
How To Start Investing On BitUniverse
Users at BitUniverse can start investing quickly. The platform offers a clean and easy to understand interface, coupled with accessible features to help traders customise their investments. Users can invest in pre-made strategies from the coy trading tab or create and automate their own using the signals provided and the trading terminal.
Here’s how you can start investing on BitUniverse:
- Create/ Login to your BitUniverse account;
- Connect an exchange account to your BitUniverse account;
- Choose a trading pair you want to trade on;
- Create a trading bot or set up a trade using manual limit;
- Allocate funds to the trade;
- Start the trade, and you are good to go.
The Mudrex Invest platform helps traders invest in just a few clicks. Therefore, Mudrex tops the list for ease of investment.
Ease of Investment
#5 Post-Investment Tracking
A trader should be well-informed about their portfolio and the profit or loss it has generated. Here, we look at the post-investment tracking solution offered by these platforms.
Portfolio Tracking At TradeSanta
TradeSanta offers a comprehensive overview of a trader’s portfolio, and the dashboard has essential details such as the balance dynamics, the profit dynamics, active bots, total balance, and active orders. It also offers certain crypto news as well.
Portfolio Tracking At Mudrex
The Mudrex UI has all the investment details for the user set up right there on the dashboard with a minimal interface. Therefore, traders can view details such as the bots they have invested in, the total amount invested, the current value of the investment, the total returns in % of each bot, and the overall returns very easily.
Portfolio Tracking At BitUniverse
At BitUniverse, users can track their portfolio through the mobile app or the web dashboard. The platform showcases essential details such as the coin you have invested in, the total investment value in the coin, the complete change in investments in the coin, the 24H change in investments, and the total lifetime gains/loss.
Both TradeSanta and BitUniverse offer a comprehensive analysis of the user’s portfolio, which is why they are the joint top-ranked holders for post-investment tracking.
#6 Exchanges Supported
There are many exchanges in the market, and every platform should support at least the significant exchanges to help traders. Therefore, we review the exchanges supported by these platforms.
Exchanges Supported By TradeSanta
TradeSanta supports HitBTC, Binance, Bitfinex, Bittrex, UPbit, Huobi and OKEx.
Exchanges Supported By Mudrex
At Mudrex, users can invest through Coinbase Pro, Binance, Bybit, Deribit, OKEX and BitMex.
Exchanges Supported By BitUniverse
Users at BitUniverse can trade from over 240 exchanges, including Binance, FTX, CEO Global, KuCoin and BitMax.
BitUniverse comes out on top here and gets the highest score in exchanges supported.
#7 Community & Support
Customer support is essential for any trader in case they face any obstacles while investing. Therefore, we review the support offered by these platforms.
TradeSanta offers extensive support for all issues a user may face. Moreover, TradeSanta is pretty active on YouTube as well, and their videos help users go through the process through which they can invest on the platform. It has a substantial social media presence and a pretty active Telegram community as well.
Here’s how you can reach TradeSanta:
- Email: firstname.lastname@example.org
- Telegram: t.me/joinchat/EhCySlF1SsWMrOPMKt1Lzg
- Facebook: www.facebook.com/tradesanta
If traders at Mudrex face any issue, they can access a comprehensive FAQ section on the website, which has solutions to almost all the account-related problems. Mudrex also offers superfast customer support for its users, coupled with a blog to help users understand the platform a bit better. Mudrex is pretty active on Twitter, Discord and Telegram.
Here’s how you can reach Mudrex :
- Email: email@example.com
- Discord: discord.com/invite/qdXmm4N
- Twitter: twitter.com/officialmudrex
BitUniverse offers email support to its users, with active communities on Twitter and Telegram. It also has a minimal presence on Facebook.
Here’s how you can reach BitUniverse:
- Email: firstname.lastname@example.org
- Telegram: t.me/bituniverse
- Twitter: witter.com/bituniverse_org
When it comes to community and platform support, Mudrex offers extensive support with multiple active communities. Therefore, it ranks the highest here.
Community & Support
#8 Referral Bonuses
Referral bonuses are a huge factor when choosing a platform for people who have a strong professional network. Here are the referral programs offered by these three platforms.
At TradeSanta, every valid referral earns a trader 20% of the purchase made by them (membership plans). The referral funds can be withdrawn or used on the platform. However, the minimum withdrawal amount is $30.
At Mudrex, one can earn a bonus of $25 for every valid referral, along with 50% of whatever the referred user spends on Mudrex, without any earning limits! There are many referral promotions on Mudrex as well, where users can earn exciting prizes, additional referral bonuses, and a lot more.
At the time of writing, BitUniverse isn’t running any referral programs.
In a referral program, high profitability and no earning limits are incredibly essential, as offered by Mudrex, making it the highest-ranked platform in referral bonuses.
TradeSanta vs Mudrex vs BitUniverse — The Final Verdict
Flocks of investors are joining the cryptocurrency realm at a rate never seen before. In such scenarios, automated crypto trading bots have now become the norm for almost all types of traders, be it high-volume seasoned traders or the ones just joining in to see what the commotion is all about.
All three platforms reviewed above have multiple advantages and limitations, and this TradeSanta vs Mudrex vs BitUniverse review proves that. However, a trader should understand that there is no ‘perfect’ bot with a one fits all feature list, and it all depends on the features you are looking for. We hope this review can help you select the right crypto trading bot and maximise your profits.
While every bot has some pros and cons, it is evident through this review that Mudrex is the ideal choice for investors of all shapes and sizes. With a sleek UI, an easy investment process, and many other features, Mudrex offers something for everyone. It is safe to say, Mudrex is the high-performing automated trading platform you are looking for.
Let your trades work on autopilot. Get consistent returns with Mudrex.