Santiment Review 2024: A Powerful Crypto Bot at Your Disposal
The cryptocurrency market is risky, which is why choosing a reliable company is crucial. In our Santiment review, you will learn everything that this firm has to offer and after weighing the pros and cons, you will be able to decide on whether or not they’re worth paying for. You certainly don’t want to end up with someone like Kot4x.
Santiment has a lot of experience behind them, which is an important factor to consider when searching for a good crypto bot. But is this company as it seems, or traders should proceed with caution? Keep reading our in-depth assessment to learn more.
About Santiment
This company has been around since 2016 and according to ScamAdviser and Tranco, the website is receiving a lot of traffic, meaning they are very popular among traders. Their goal is to cut through the clutter and offer data-driven insights on market behavior, crowd emotion, blockchain-based projects, and cryptocurrency networks.
According to WHOIS, the domain is registered in France and our knowledge about the company unfortunately ends there. Crypto bots and similar tools are usually never transparent, as there is always a hidden agenda behind their operations. However, that is not the case with Santiment.
Company Type | AI Trading Tool |
Legal name | Santiment |
Regulation | Not expected |
Registered in | 63-65 Boulevard Massena, Paris, France |
Established | 2016 |
Website | www.santiment.net |
Financial Authorities Warnings |
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Contacts |
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If a withdrawal is possible | Depends on the broker; |
Fees |
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If Active on Social Media: | |
Investor Protection: | None |
Activity areas | United States, India, United Kingdom, Germany; |
Main threats | Lack of reviews; |
Main perks | Powerful tool with robust features; |
Legal Information
Crypto bots like many other trading tools are not required to obtain a license, as they’re not the ones handling your funds. Instead, regulation falls onto the broker you are using, so it’s important to look for regulated brokerage companies to prevent losing your funds.
That said, firms like this have other ways to implement security measures, like using advanced encryption technologies. These encryption methods, such as SSL or TLS, create a secure and encrypted connection between the trader and the platform, ensuring that sensitive information remains confidential.
Santiment Features
SanX
SanX is an actively traded index based on crypto-native metrics where you can manage your exposure in DeFi based on the behavior of 1000s of token holders, sourced directly from the blockchain. Some of the allocations include WETH, Loopring, Ren, Compound, and more.
SanR
This serves as a demo account and it is where practice your crypto trading without risking real money. The process is simple; predict the price direction of your favorite tokens, test your experimental models and hypotheses, and track others.
Every two weeks, each competition cycle, known as an “Epoch,” commences in tandem with the lunar cycles. Once every signal opened during that epoch has been closed, the signals are paid.
Insights
Here is where you can find videos, tutorials, blogs, and other valuable insights. Additionally, you can follow updates for SanR signals, staying on top of the market at all times.
Sanbase
Exclusive on-chain, social, and development data, low-latency market signals, personalized Spreadsheet templates, and daily market insights are all included.
You can combine financial, social, and on-chain metrics to gain valuable insights into the strength of a token, its profitability, and its overall behavior and levers.
Additionally, available charts include the Open Interest Bitcoin Chart, Bitcoin Volatility Chart, Bitcoin Whale Chart, and many more.
API
This includes a fast and powerful API for current and historical data about the crypto market.
Sansheets
The sheets are available for download and they serve as a Google Spreadsheet plugin for importing Santiment data.
SAN Tokens
SAN is a utility token that provides access to exclusive parts of Sanbase. On the Santiment Twitter page, a detailed analysis and constant updates are available daily.
Santiment Price
The price depends on the plan you choose. Both monthly and yearly subscriptions are available, so traders can choose the plan that suits them the most. In the case of paying yearly or holding 1000 SAN tokens, a 20% discount is applied.
There is a free version of Santiment that will offer basic metrics with a 30-day lag, 2 years of historical data, personalized asset watchlists, basic Santiment screener access, without PRO metrics & filters, access to basic coin movement alerts, and up to 10 simultaneous alerts.
The Pro plan costs $44/month and includes full historical and present-day data, access to 20 alerts, a Santiment screener, daily market insights, exclusive weekly Pro reports, and market segment dashboards – stablecoins, defi, dexes, and more.
The last plan is PRO+ and it includes everything the PRO does, with the addition of access to Santiment’s API, a dedicated account manager, Google Sheets and Excel Plugin, a closed chat with Santiment analytics, tailored market reports and token analysis, and white-labeled embeddable charts. The plan costs $225/month.
Santiment Reviews
There are no reviews on any well-known networks like Trustpilot, however, we were able to find a couple of testimonials regarding the Santiment network token on crypto-rating.com. There are no comments indicating potential issues, however, most traders are not satisfied with the network.
The network has demonstrated an annual ROI of 18%, although its recent performance has been far from great. The coin took a significant hit last month when it fell below the psychological threshold of $0.22, and it is currently having a hard time rising over this setback.
Payment Options and Process
The payment methods available include SAN tokens that can be purchased with cryptocurrency, or directly paying with crypto like DAI and ETH. You need to have SAN tokens a MetaMask wallet or a wallet supported by MetaMask (such as Trezor or Ledger).
The thing that’s concerning here is that credit/debit cards are not accepted, making it harder to file a dispute in case something goes wrong. Since the only way to pay is using cryptocurrency, whether it’s tokens or direct payment, traders should proceed with caution.
Weighing the Pros and Cons
Pros | Cons |
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Can I Make Money While Trading Online?
Santiment crypto bot has many game-changer features that could assist you while trading and, the company seems reliable and secure, definitely more than Volofinance. Santiment provides robust features and together with AI.F, we believe you will be unstoppable.
It is the ultimate trading engine, processing billions of data points with ease, including historical data, indicators, and news about the market. It closely examines the history of an asset, looks for trends in comparable historical periods, and keeps up with the most recent information, both historical and contemporary.
And that’s not even all. But to learn everything that AI.F offers and how it would work with Santiment, we suggest you reach out to us and one of our experts will gladly assist you. Call us now and start your profitable trading journey!
FAQ Section
What is Santiment?
Santiment is an AI trading tool and platform that provides data-driven insights on market behavior, crowd emotion, blockchain-based projects, and cryptocurrency networks.
What is the Market Cap of Santiment Token?
The market cap of Santiment Token (SAN) is approximately $5.46 million.
Can I Make Money With AI Tools?
Yes, Santiment's crypto bot offers game-changing features that could assist in trading, and when combined with AI.F, it enhances the potential for profitable trading. AI tools can be very beneficial to traders, however, it’s important to be aware of the risks.