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    Home»Trading Bot Reviews»Bitsgap Review
    Trading Bot Reviews

    Bitsgap Review

    Anthony GarciaBy Anthony GarciaAugust 7, 2024Updated:August 20, 202405627 Mins Read
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    Pricing

    Basic – $23/mo.

    Advanced – $55/mo.

    PRO – $119/mo.

    Supported Exchanges

    15+

    Platform

    Web

    Education

    Yes

    https://helpdesk.bitsgap.com/en

    Customer Service

    Email, FAQ, chat

    Pros

    • Easy-to-use interface
    • Affordable pricing
    • Backtesting feature
    • Arbitrage opportunity

    Cons

    • No mobile app
    • No copy trading

    Bitsgap Review

    Here is our in-depth look at Bitsgap, a platform that facilitates cryptocurrency trading with automated bots, signals, portfolio management, and arbitrage opportunities.

    You should use a platform that provides you with a wide range of resources, in-depth analysis, and reasonable fees and commissions if you want to trade digital currencies from the convenience of your own home.

    Bitsgap allows you to integrate all your exchanges into a single platform. There are myriad of benefits to this, including the simplicity with which arbitrage techniques can be implemented and the ease with which sophisticated bots can be used to trade concurrently across different exchanges.

    In this post, we’ll evaluate Bitsgap and its trading bots. We’ll also cover every aspect of the company.

    About Bitsgap?

    The original idea behind Bitsgap was to create a platform that would streamline and simplify buying and selling cryptocurrency. For all traders, regardless of expertise.

    Since it was launched in 2017, the trading platform has continuously improved its approach to cryptocurrency trading, portfolio management, and arbitrage.

    Perhaps most significantly, the platform has matured into a dominant player in the cryptocurrency market. Approximately 500,000 traders use Bitsgap, and these traders have developed 3.7 million trading bots, contributing to a total trading volume for the firm of over $300 billion.

    The platform consolidates access to various markets and trading pairs by connecting users to over 30 cryptocurrency exchanges across the world through a single interface. More and more exchanges and trading venues are being added, guaranteeing that users will always have access to their favorite assets. Not only are there no charges associated with making a deposit or withdrawal, but there are also no commissions for trading.

    Who Should Use Bitsgap?

    Bitsgap is a new method to simply manage your portfolio and trade on all cryptocurrency exchanges from a single platform and interface, making it ideal for anyone searching for a simple, all-in-one crypto bot.

    Is Bitsgap Safe?

    If someone tries to log in from an unrecognized computer or IP address, you will be notified immediately through email. If you have too many unsuccessful login attempts, the system will temporarily disable your account and API access.

    Two-factor authentication (2FA) for your Bitsgap account and related email id is strongly recommended. You may be assured that your money and information are even more protected after doing this.

    Bitsgap Platform & Features

    Bitsgap Features

    The following are capabilities offered by this platform:

    Arbitrage: Traders can engage in arbitrage if they take advantage of a significant price disparity between two or more markets.

    Trading Terminal: High-quality resources for trading on numerous exchanges simultaneously, both in the spot market and in futures contracts.

    Futures Trading Bots: Bitsgap is one of the few trading platforms that support the creation of futures trading bots.

    Signals: Be on the watch for discrepancies in the market so that you may make informed trading choices.

    Portfolio Tracking: Traders will be able to monitor their accounts and returns with a portfolio that is produced in real-time.

    Automated Trading Bots: To facilitate automated trading, Bitsgap offers trading bots that have already been set up and optimized using machine learning.

    Security: No funds are ever stored on Bitsgap’s servers; instead, users link their exchange accounts using the API keys provided by the exchanges. The user’s money is completely inaccessible to Bitsgap. It acts only as an agent for the client and never takes any action on its own behalf. Bitsgap uses robust 2048-bit encryption to safeguard all API orders.

    Demo: An individual’s demo exchange accounts, as seen in “My exchanges,” are all the exchanges to which the user has an API connection. Bitsgap’s “The Demo” function, on the other hand, lets the trader get comfortable with the platform by giving them a chance to try out its many tools and features before really utilizing them.

    Easy-to-use Automated Trading

    Bitsgap offers three distinct bots for users to interact with.

    Grid: Take advantage of any price change with the help of this bot by dividing your trades into grids. This feature is compatible with future limit buy and sell orders at fixed price ranges.

    DCA: By purchasing an asset at varying price points at regular intervals, the Dollar Cost Averaging (DCA) bot helps to bring the total cost down.

    Futures: This robot is employed in the futures market. They borrow money from a market for a periodic fee. This is a more dangerous method, but it might potentially provide greater benefits.

    Support for Popular Exchanges

    Bitsgap supports 15 different exchanges, including Binance, Kraken, Bitfinex, and many more. Investors may choose from over 10,000 different trading pairs of cryptocurrencies and use a variety of technical indicators to help guide their decisions. Traders of all experience levels can benefit from the platform’s streamlined and user-friendly layout.

    Mobile App

    Important to keep in mind is that the Bitsgap platform is only available in a web-based version; there is no mobile app.

    Ease of Use

    Bitsgap is promoted as a novel approach to trading on various exchanges, allowing users to locate the most favorable exchange rates and optimize their portfolios. The website serves as a central hub where you can consolidate all these features and provide easy access using a single login.

    Bitsgap Pricing

    There are three different subscription options available for Bitsgap. Each package includes a free trial period of 7 days. The list below is their monthly pricing, but choosing the annual payment option will save you 20% of the listed price.

    Basic

    $23/mo.

    2 Active GRID Bots

    10 Active DCA Bots

    Unlimited Smart orders

    Advanced

    $55/mo.

    5 Active GRID Bots

    50 Active DCA Bots

    Unlimited Smart orders

    Futures bots

    Trailing Up for bots

    PRO

    $119/mo.

    25 Active GRID Bots

    250 Active DCA Bots

    Unlimited Smart orders

    Futures bots

    Trailing Up for bots

    Take Profit for bots

    All plans include:

    • 15+ supported exchanges
    • Demo practice mode
    • Fully automatic portfolio
    • Multi-exchange trading terminal
    • Smart algorithmic orders
    • Pre-made trading bot strategies
    • Over 175 TradingView indicators
    • Cloud trading 24x7x365
    • Email, Live-chat support
    • Desktop and Mobile versions

    Visa, Mastercard, and PayPal are all accepted for recurring monthly payments. Payment with cryptocurrency is an option if you’d want to prepay for the services (BTC, ETH, BNB, LTC, XRP, and more). Your provided information, including your credit card number, is encrypted before submission.

    How to Open An Account?

    Start by signing up for Bitsgap.

    Registering just requires an email address and a password, both of which may be created during the signup process. Confirming your email address is all that’s needed to complete the signup process.

    If you want, you can also use your Google or Facebook account to sign in.

    Your currency exchange accounts should provide you with the necessary APIs. Your Bitsgap API key is used to authenticate all of your trade requests. Without giving anybody else access to your finances or data, it is one of the safest and most trustworthy methods to utilize any site.

    Using Bitsgap, all you have to do is choose an exchange, make an order, launch a bot, or take advantage of arbitrage possibilities.

    In Conclusion

    Bitsgap is a reliable and secure trading platform since all transactions are encrypted. It has several advantages, such as an intuitive user interface, compatibility with many different exchanges, and a large library of trading bots. An obvious perk is the built-in trading algorithm, which allows you to reliably make money with minimal exposure.

    The software also provides multiple market order and exit options to help you maintain control over your trades.

    Due to the inclusion of the arbitrage function, the Advance plan is ideal for beginners. If you’re able to carry out an arbitrage successfully, you may be able to earn more than the Bitsgap’s purchase price.

    Bitsgap Review Overall

    7.7 Very Good

    Bitsgap offers a comprehensive platform for cryptocurrency trading, featuring easy-to-use automated trading bots, backtesting capabilities, and arbitrage opportunities. The affordable pricing structure and support for multiple exchanges make it a versatile tool for both novice and experienced traders. However, the lack of a mobile app and copy trading feature may be drawbacks for some users. Overall, Bitsgap is a reliable and secure option for automated cryptocurrency trading.

    Pros
    1. Simple and user-friendly, making it accessible to traders of all levels.
    2. Competitive pricing with various subscription plans.
    3. Allows users to test their strategies before deploying them.
    Cons
    1. The platform is only available in a web-based version.
    2. Lacks the feature to copy trades from successful traders.
    • Performance and Reliability: 8
    • Customization and Flexibility: 8
    • User Support and Security: 7
    • User Ratings (0 Votes) 0
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    Anthony Garcia

    Anthony Garcia is an emerging expert in financial markets, known for his sharp analysis and innovative trading strategies. With a strong background in economics, he provides clear and actionable insights to help traders succeed.

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