Bitsgap is an automated crypto trading platform connecting exchanges renowned all over the cryptocurrency trading platform with the help of API as founded by Max Kalmykov in 2018. As per the official website, this particular platform provides compact cryptocurrency dealing as well as a portfolio control platform.
The Bitsgap trading platform provides several automated trading strategies, such as,
- Smart trade facilities to crypto users and traders across the globe,
- Spinner Modes,
- Portfolio Tracking,
- Trading Signal,
- Arbitrage,
- Advanced Trading Tool,
- DCA (Dollar Cost Averaging) bot,
- Grid bot, and
- Crypto trading bot.
It also provides a seven-day free trial with a demo version, enabling users to actually try out paper trading before trading in cryptos with real money. It will allow you to select between crypto-to-fiat and crypto-to-crypto opportunities. Automated trading has now become a preference among investors, saving them from the dangers of manual trading.
The integrated interface of the platform has managed to introduce certain new stats as well as several types of trades for empowering the users as well as the crypto traders in order to examine the new strategies, risk management tools, and trading pairs. Cryptos are also acceptable for obtaining a Bitsgap subscription.
Stay tuned to find out more about Bitsgap!
Pros | Cons |
No fees during withdrawal. | Monthly subscription fees. |
Back Testing feature. | |
2048-bit encryption and hardware security keys | |
Signals for running crypto bots |
How Does Bitsgap Work?
If you want to begin your journey on the Bitsgap platform and want to obtain a basic understanding of how the platform works, then there are three simple steps that you need to follow.
Without wasting time, scroll down and find out how to use Bitsgap!
- Create your account on the Bitsgap platform.
- Link your account with supported exchanges with the help of your secret and unique API keys.
- Now, you can start trading cryptocurrencies with the help of your trading activity.
To create your account on the platform, you have to register on the platform, and you can do so by entering your email address, creating a unique password, and finally confirming your email ID to finish the registration process. Plus you can also link this account to Facebook or Google.
You can obtain your API key from your linked cryptocurrency exchange accounts. Then, you can connect the account to a supported exchange, enabling you to manage your cryptocurrency assets in a single place.
It is vital to have these API keys for the trading operations executed on the platform. It keeps all the trading activities safe, preventing anyone from actually accessing data or user funds.
Platforms Offered By Bitsgap:
Now that you have a fair idea about Bitsgap login let’s talk about the platforms offered by Bitsgap.
Bitsgap has more than 25 supported exchanges – some of these are the best in the crypto space. CoinEx, ZB.com, GEMINI, IDEX, DDEX, Kucoin, Bittrex, OKEX, Kraken, Bitfinex, and Binance are the names of the crypto trading bot platforms you will find here.
Trading Bots:
Our Bitsgap review will not be complete if we don’t talk about the trading bots on the platform. The platform offers its users multiple kinds of automated crypto trading bots for portfolio management and making a static attitude towards crypto trading. Crypto trading bots have unique methods and patterns that are slated to make your bots more profitable. You can literally pick up any of the popular trading pairs as per their performance,
The trading bots on the platform are as follows,
- Grid Trading Bots,
- DCA Trading Bots, and
- Future Trading Bots.
Key Features of Trading Bots:
The primary features of trading bots are as follows,
1. Ready-Made Strategies:
The platform provides users with ready-made strategies. These predefined strategies typically depend on effective backtest results, selecting what suits you the best.
2. Performance Analytics:
Ths interesting feature gives users a detailed understanding of all your results, accompanied by complete stats of your bot.
3. Free Demo Mode:
This feature helps new users to enhance the user’s trading skills in a risk-free environment before investing any actual money.
4. Arbitrage:
Whenever there are arbitrage opportunities available for the trader, this feature can make things very beneficial. This fusion of trades is achieved by utilizing the differences in price of similar trading pairs between either two or more crypto exchanges.
5. Profit 24/7:
This is a cloud-based platform enabling your automated bots to work 24/7, even if you are offline. The TTP (Trailing Take Profit) feature is available on the Bitsgap platform for spot trading for taking profit orders.
6. Security:
The platform provides a space that is safe and secure for trading in cryptocurrencies. So, the platform uses high-end encryption to maintain the security of the connection between the connected exchanges and the platform.
Smart Trading:
The benefit of the Bitsgap Smart Order Trading terminal is that it provides users with multiple tools for making more and more base currencies, reducing the trading risk in the process. This option for smart trading is in the section called ‘platform’ in the upper right corner of the website.
The Smart trading alternative provides the following tools,
- Time-Weighted Average Price (TWAP),
- Limit,
- Scaled,
- Market,
- Stop, and
- Stop Limit.
Bitsgap Pricing:
Now, let’s talk about Bitsgap pricing – the platform provides three pricing models for its users as per research. Instead of standard modes of payment, you can pay with digital currencies for the subscription.
Here are the three pricing plans available on the platform.
- Basic Plan:
The basic plan provides access to multiple crypto trading platforms. It also arranges trading signals. The basic plan costs about 23 dollars monthly. It provides the users with only DCA and Grid trading bots.
- Advanced Plan:
The advanced plan offers a trading limit of about 100,000 every month for 55 dollars monthly. What are the benefits of this plan? Five active trading bots, including DCA bots, Future bots, and Grid bots.
- Pro Plan:
The pro plan costs about 119 dollars monthly, and it is accompanied by an unlimited trading limit. The plan enables users to access 250 active DCA trading bots, 25 Grid bots, Bitsgap trailing bots, and futures bots.
Final Thoughts:
Most online Bitsgap reviews have talked about Bitsgap as an excellent crypto trading platform, and we don’t disagree. A strong team, a clear revenue model, advanced features, and a perfect product are enough to make us try at least once as we begin trading in cryptocurrency.
Finally, our Bitsgap trading bot review proves that Bitsgap is an excellent crypto trading platform. A strong Bitsgap team, clear revenue model, advanced features, and perfect product make you think you should try it at least once as you start trading in crypto.
Feel free to share your thoughts on Bitsgap, and if you have any experience of being on the platform, don’t hesitate to let our readers know more about the same.
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