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Bitsgap
- Last updated: 10 Jun 2024
What is Bitsgap?
Bitsgap blends cryptocurrency trading with automated bot strategies and a suite of tools to enhance portfolio management. Users can utilize Grid and DCA bots for optimized trading across a spectrum of supported exchanges. The platform prioritizes security, with no direct access to user funds.
Emphasizing a user-friendly experience, Bitsgap offers backtesting capabilities, real-time bot performance analysis, and a demo mode for risk-free strategy testing. The service supports over 15 exchanges and various payment methods, appealing to both novices and seasoned traders.
With a global reach, the platform continuously improves, integrating new features while maintaining robust security protocols to protect user data and API keys.
Bitsgap use cases
- Traders optimizing their strategies with automated bots.
- Beginners testing trading theories in a risk-free demo mode.
- Investors seeking a centralized platform to manage diverse exchange portfolios.
- Crypto enthusiasts improving their trading results with advanced order types.
Bitsgap functionalities
- Automate Trading: Utilize advanced bots.
- Backtest Strategies: Review against historical data.
- Enhanced Security: Protect with 2FA and encryption.
- Demo Mode: Practice without risking funds.
Pros and Cons
Pros
- No access to user funds, ensuring safety.
- 24/7 automated trading with bots.
- Supports a variety of payment methods.
- User-friendly interface for all levels.
Cons
- Limited to supported exchanges only.
- Advanced features may overwhelm new users.
Bitsgap pricing
| Feature name | Basic | Advanced | PRO |
|---|---|---|---|
| Monthly price | €25 | €59 | €129 |
| Monthly price if paid yearly | €17/Mo. | €41/Mo. | €90/Mo. |
| Active Grid Bots | 2 | 5 | 25 |
| Active DCA Bots | 10 | 50 | 250 |
| Smart Orders | Unlimited | Unlimited | Unlimited |
Bitsgap reviews
Bitsgap is widely appreciated for making cryptocurrency trading accessible and efficient, thanks to its user-friendly platform and comprehensive features like cloud-based trading and automated strategies. Customers value the seamless experience of managing multiple exchanges and the helpfulness of the customer service team. The platform’s various tools, including simulated trading and arbitrage, are praised for aiding informed trading decisions.
On the flip side, the platform has areas that could use some tweaking. Users have raised concerns about the occasional difficulty navigating through frequent system updates. The lack of phone support and the high subscription fees have been pointed out as significant downsides. There’s also mention of limited cryptocurrency and tool integration, which could hinder some traders’ experience.
Though Bitsgap has received some criticism regarding its price structure and the accuracy of bot profit/loss reports, the conveniences like no mobile alerts and delayed notifications are seen as minor drawbacks compared to the overall benefits. These criticisms suggest a need for clearer pricing and improved support for a variety of cryptocurrencies and external tools.
The consensus among users leans towards a positive view of Bitsgap, thanks to its robust platform, valuable trading tools, and exceptional customer service. Nevertheless, potential users might want to weigh the cost against their particular trading needs and preferences. The feedback points to a broadly positive, albeit qualified, recommendation for Bitsgap as a helpful tool in the crypto trading world.
User reviews
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Bitsgap FAQ
What happens after the free subscription period ends?
If not upgraded to a paid plan, users revert to the free plan and lose certain premium features.
What payment methods does Bitsgap support?
Bitsgap accepts Visa, Mastercard, PayPal, and various cryptocurrencies for monthly payments.
Does Bitsgap charge any trading fees?
There are no trading fees on Bitsgap, only a monthly subscription fee to access platform tools.
How does Bitsgap ensure the safety of my funds?
Bitsgap uses 2048-bit encryption and maintains that users’ funds always stay within their exchange accounts, unavailable to Bitsgap.
Are there any hidden fees in using Bitsgap's services?
Bitsgap does not have hidden fees; users only pay the fixed monthly subscription price.
Can I try Bitsgap's features before subscribing?
Yes, there is a 7-day free PRO trial for all new users without requiring credit card details.
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3Commas offers AI-powered crypto trading tools, enabling automated and manual trading across major exchanges with robust security measures.
TradeSanta offers automated crypto trading across several exchanges with customizable strategies and technical indicators.
Cryptohopper offers a suite of tools for automatic and AI-powered cryptocurrency trading across several exchanges.
Kryll.io enables automated crypto trading with a no-code editor, supporting strategy creation, and marketplace integration.
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About the author
M. Kooiker
As an experienced online marketeer with a longstanding interest in AI, I've immersed myself in the latest AI advancements in recent years. Passionate about innovation, I actively test AI tools and dedicate myself to guiding users in selecting the right technology. My mission is to connect people with cutting-edge AI solutions.