In this article, we will review Bitsgap, a one-stop crypto trading platform that caters to all your trading needs. It allows its users to bring all their crypto-exchange accounts under the same roof and trade from an integrated interface. Summary
What is Bistgap? Bitsgap is an all-in-one crypto trading platform that let you do trading, managing portfolio, access to trading bots, provide signals, and much more. Further, it has integrated over 25 major exchanges, including Coinbase Pro, Binance, Poloniex, Kraken, Bitfinex, etc. The sign-up process won’t take you more than two minutes, it only requires the verification of an email account. Alternatively, users can connect through their Google or Facebook accounts. Moreover, Bitsgap provides a 14-day free trial in which the trader can enjoy several features free of charge. Bitsgap Features The following features are just an iceberg’s tip of all the great, ready-to-use features available on the platform.
How Bitsgap Works
Trading Terminal If you ever traded on any crypto exchange you must already know that exchanges focus more on liquidity, rather providing the best trading tools. That's why solutions like Bitsgap focus on providing the best crypto experience to traders. Bitsgap trading terminal provides a single interface to trade on multiple crypto exchanges. Trading tools like take profit, shadow orders, limit market, and stop-loss gives you an advantage while creating market orders. Bitsgap GRID Trading Bot Bitsgap trading bot is powered the GRID algorithm which works by allowing the trader to define range and limits for investment and then it goes ahead to distribute these investments proportionally. Therefore, each time the system executes a limit order, GRID goes ahead to place another sell order for a price slightly higher than the market value. The vice versa is true for limit orders, in that each time the previous order is executed, Bitsgap goes ahead to make another buy limit at a price slightly lower than the market value. Provided the crypto prices do not exceed the trader’s predefined value range the system will keep on conducting trades nonstop. Learn more about GRID trading strategy here. Bitsgap provides pre-configured trading bot strategies. Bitsgap Review: Back Testing Bitsgap backtesting feature actively optimizes the pre-configured trading bots for a bull (uptrend) and a bear (falling) market. The team utilizes machine learning by studying and analyzing historical data for the maximization of profitability and reduction of risks involved. Traders can choose any trading pairs based on their history and trading bot returns. Bitsgap Arbitrage Bitsgap track crypto prices on multiple exchanges and shows arbitrage opportunities. Traders can benefit from these opportunities and make money through crypto arbitrage. Bitsgap allows you to search for different cryptocurrencies and assign balance when executing an arbitrage. Market Signals Bitsgap also shows market signals. These signals are price anomalies in the market, meaning there is a sharp movement in the price of a particular cryptocurrency. This helps traders to identify price movements early and benefit from that. You can search these specific crypto assets, however, you can’t configure price movement alerts. Crypto Portfolio Tracking You can easily track your crypto portfolio on Bitsgap. You can view all your holdings, ROI (Return of investments), and positions. In addition, you can also check your open orders and history. You can also filter your portfolio for any specific exchange if you are using more than one crypto exchange. Bitsgap Pricing Bitsgap provides three subscription plans. All the plans come with 7 days free trial. If you are a beginner we recommend you start with the Advance plan because it included the arbitrage feature. You can get more what you pay for the Bitsgap if you were able to successfully execute an arbitrage. Bitsgap Review: Pros and Cons Pros
Cons
Bitsgap Review: conclusion, you can count on Bitsgap automated trading algorithms to generate a constant stream of revenue no matter the state of the market. Not to forget the additional features like stop-loss, take profit, exit strategies, and trailing up which ensure your safety and higher ROI (Return-on-investment). Frequently Asked Questions
Yes, Bitsgap is safe and legit. The team has worked hard on its trading platform.
Bitsgap does not have a mobile app for iOS or Android devices, for now. But, Bitsgap has a fully responsive website and you can check it on mobile browsers.
No, there are no fees from trades. You only pay a monthly subscription fee for using the platform to have access to useful tools that make trading and managing crypto more efficient.
The main advantage of trading on the grid is that it requires just a little of market forecast — in what direction the price is likely to go in the future. That’s why it is a great tool for beginners and regular traders. But there are always some risks involved when you let this strategy be automated especially in unfavorable market conditions. A sudden price spike or drop may, and will affect your results. To protect your investment you can use either stop loss or trailing option.
Bitsgap does not have an option to access your exchange wallet and make any changes there. Your funds will always stay on your exchange account. Bitsgap Alternatives
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