Bitsgap Review: Scam or Legit Crypto Trading Bot? - ThinkMaverick (2024)

Trading and managing crypto can be complicated, doesn’t matter if you are a beginner or a seasoned trader.

It requires a substantial investment of energy and time. Analyze price charts, staying on top of the news and waiting for the best opportunities to execute trades- it can be a lot for even the most pro trader.

If you’ve been trading for some time, you’d know that day trading involves lots of mundane, repetitive tasks.

Wouldn’t it be great if you could have a crypto market personal assistant?

A virtual assistant that could help you with organizing, executing trades and making profits – even while you sleep?

Well, that’s where Bitsgap comes into place.

Bitsgap is a better and smarter way to automate your crypto trading.

With Bitsgap, you can

• Trade and instantly switch between exchanges
• Quickly compare rates from all the market
• Keep track of your investments in Portfolio
• Set Stop Loss / Take Profit orders
• Exploit the price difference between exchanges with Arbitrage

And most importantly, you can start making a profit from every market move with fully automated trading bots.

What’s more, you can create a Bitsgap Demo Trading Account to practise, test your strategies and sharpen your trading skills without risking real money.

Start your free 7-day trial today and launch your first bot on Bitsgap here.

In case you want to learn more before jumping on board – that’s fair.

In this Bitsgap review, we’llexamine some of theirprosandcons, features, fees and more.

So,let’s dig in.

What is Bitsgap

Founded in 2017, Bitsgap is a web-based crypto trading platform based in Estonia. This platform is designed around crypto trading bots, Smart algorithmic orders, Portfolio tracking and Demo trading.

Bitsgap is not a cryptocurrency exchange. This means that they do not have any access to your funds.

To use the automated trading bots, you will need to connect your favorite crypto exchanges to Bitsgap via API.

It only takes a few minutes to set up your first trading robots. After that, Bitsgap takes over and does everything else. Your orders will be executed, even if you’re offline.

With the advanced automation tools, you can easily setup trading robots to make a profit autonomously 24/7 regardless of the market trend on multiple exchanges -from one single account!

Bitsgap offers a variety of trading tools and features:

• Fully automatic portfolio
• Cloud trading 24x7x365
• Over 175 TradingView indicators
• Pre-made trading bot strategies
• Smart trading across 25 crypto exchanges in one place
• Dollar-cost averaging (DCA) bot
• GRID bot
• Futures bot
• Demo accounts
• Take Profit, Stop Loss and price Trailing features.
• Backtesting
• Advancedrisk management tools
• Multilingual support

Let’s look at Bitsgap in detail.

Who can benefit from Bitsgap?

Whether you are new or experienced, you can easily use Bitsgap to your advantage and create a winning automated trading system.

With its easy-to-use and intuitive platforms packed with handy features, it’s best for:

• Cryptocurrency traders, both novice and seasoned

  See Also

  Moneycontrol Pro Panorama | Oil on a slippery pathExplained: What The Introduction Of T+1 Settlement Means For India's Stock Market InvestorsSimple Moving Average Explanation & Trading Strategies | TradingSimInvestment Banking Questions and Answers

• Long-term holders of Bitcoin

Are you ready to start trading on Bitsgap?

Sign up for Bitsgap here.

How to Get Started with Bitsgap

1. Register on Bitsgap

You can get started with Bitsgap in just a few minutes.

Go to Bitsgap and sign up for a free account using your email. No KYC.

2. Connect your crypto exchanges

Simply link your favorite crypto exchanges to Bitsgap using a secure API connection.

It only gives Bitsgap the permission to executes trades on your behalf on the connected exchanges.

Bitsgap does not have any access to exchange account and cannot withdraw your funds.

3. Launch your first crypto trading bot

You can set simple and sophisticated trading robots using GRID bot, DCA bot and Futures bot.

There are also ready-made strategies, in which you can choose from a range of predefined strategies based on successful backtest results.

4. Let your crypto robots work for you

That’s it. Bitsgap will start performing orders based on your instructions 24/7.

The Best Features of Bitsgap

1. Trading Bots Platform

Automated Crypto Trading With Bots

Bitsgap’s Automated Trading Bots powered by a high-frequency trading algorithm allow you to maximize the return 24/7 regardless of the market trend.

There are 3 different types of crypto automation bots you can use to automatically executes trades and commands under certain preselected market conditions.

A. Grid Trading Bots

If the market is flat and trades sideways for a long time, use a GRID bot to maximize your return.

GRID bot helps you to make a continuous profit from small price fluctuations as the market moves sideways.

To generate profit during a flat market, simply set the order grid of two currencies of the pair for buying and selling.

All you need to do is select a price range, which will be divided into multiple levels (also selected by you) to create a grid full of orders.

This bot will automatically trade between these multiple order levels or “grid”.

For example, with BTC/USDT pair, you can choose to make a profit in USDT. The GRID bot will buy and sell BTC for profit in USDT and vice versa. If you choose BTC as profit, your bot will be selling BTC for USDT to buy back cheaper with profit in BTC.

The GRID bot reverse mode, also known as “Buy the Dip” allows you to sell high and buy low. This way you can accumulate more BTC during crypto winter.

You can also create your own grid trading strategy withyour custom settings.

B. DCA Trading Bots

One of the best ways to grow your crypto holdings over time is set up automatic recurring purchases with DCA trading bots.

With the technical analysis and smart automations, Bitsgap’s DCA bots helps you to automatically buy and sell cryptocurrencies at the best time.

You can place from 0 to 100 DCA orders so you can buy cheaper,take profit, and repeat.

DCA Trading bot is built for making a profit by trading in both rising and falling market.

C. Futures Trading Bots

Futures trading bot is definitely not for beginners. It’s good for those who are experienced in trading and want to take higher risks.

You can leverage your potential up to X10 with crypto futures.

If you are ready to trade futures, use this Futures Trading Bot. It works in both Long Mode and Short Mode.

2. Smart Trading Platform

Bitsgap has an advanced trading terminal, allowing you to trade on all crypto exchanges from one powerful interface.

Once you connect to your crypto exchanges, you can easily manage all your crypto assets on all of them in one place. You can switch between different crypto exchanges in just one click.

Some useful features you can find on the trading platform are:

3. Demo Trading Platform

Each Bitsgap account comes with a Demo trading account (aka Paper trading).

Simply turn on Demo Mode, then you can start trading crypto in real-time using Demo funds.

It’s particularly great for beginners. Here, you can learn the markets, test your strategies and sharpen your trading skills at your own pace, without worrying about losing real money.

Once you’re ready, switch to Live trading.

Supported Countries

Bitsgap supports 25+ countries, including Binance, Binance US, Kucoin, OKX, FTX, Bitfinex, Bithumb, Bittrex, Bybit, Coinbase Pro, Exmo, Gate.Io, Gemini, HitBTC, Huobi, Kraken, Liquid, Poloniex, BitMEX, Deribit

Is Bitsgap Safe and Secure?

Bitsgap takes security very seriously with industry-leading safety features and protocols.

• To secure your account, Bitsgap has extra layers of protection for your funds. They use Hardware Security Keys/FIDO2 as a 2FA method.
• Bitsgap will never have access to your funds and exchange accounts.
• Your cryptocurrency assets are kept securely at the exchanges and connected by encrypted API keys.
• All information that is delivered to their servers is encrypted with 2048-bit standard protocols and stored on a secure network, protected by a firewall.

Bitsgap Pros

• Fast and seamless account opening
• No KYC
• Intuitive, easy-to-use platform
• Backtested, fully-automated, high-frequency trading bots
• 24/7 support
• Demo accounts
• Support multiple languages
• Smart trading across 25 crypto exchanges in one place
• Pre-made trading bot strategies

Bitsgap Cons

• No mobile app
• Does not offer free plans

Bitsgap Prices and Plans

Let’s look at the details of Bitsgap plans, features in the screenshot below

Bitsgap offers three subscription plans. All the plans come with 7 days free trial.

• Basic Plan – this is the cheapest crypto plan offered by Bitsgap. It costs $29 per month. You get access to unlimited smart orders, 2 active GRID bots and 10 DCA bots.
• Advanced Plan – it costs $69 per month. You get to enjoy all the features of Basic plan with extra benefits such as Futures bot and Trailing Up for bots.
• Pro Plan – it costs $149 per month. You can deploy up to 20 active GRID bots, 10 DCA trading bots, Futures bot, Trailing Up for bots and Take Profits for bots.

All plans include Demo practice mode, Pre-made trading bot strategies, Fully automated portfolio, Multi-exchange trading terminal, Smart algorithmic orders, Email, Live-chat support, Desktop and Mobile versions, Cloud trading 24x7x365, Over 175 Trading View indicators.

To get the most bang for your buck, simply sign up for 12 months in advance, and you can save 20% (regardless of which plan you choose).

Conclusion- Is Bitsgap trusted?

Bitsgap is legit platform for managing crypto portfolio and automated crypto trading.

Bitsgap makes crypto trading more profitable for every one, in both bull and bear markets.

Stop trading manually. Take your time back, let the crypto bots do the hard work for you.

• Sign up a Bitsgap account for free

That’s all for now. As the Bitsgap expands its features and services, I’ll be updating this post regularly with the latest info, so keep coming back to discover more.

I hope this Bitsgap review helps you to decide whether Bitsgap is right for you. If you want to know more about Bitcoin alternatives, check out my article on5+ Best Crypto Trading Bots to Automate Your Strategies

What do you think?

Would you use Bitsgap to automate your crypto trading? Why or why not?

Last but not least, if this post was of any help to you, please share it on Facebook, Twitter and Pinterest!

If you think any of your friends would find this helpful, share this post with them.

I’ve handpicked a few guides for you to read next:

• 10+ Legit Ways to Earn Free Bitcoin (#3 is My Favorite)-UPDATED 2020!
• 10+ Easy Ways to Make Money with Bitcoin and Cryptocurrency
• 5+ Best Crypto Trading Bots to Automate Your Strategies
• 4 Best Bitcoin Lending Sites to Earn Bitcoin Interest
• How to Invest in Bitcoin: The Ultimate Guide for Beginners 2020
• How to Sell Bitcoin – The Ultimate Beginner’s Guide 2020
• Trading vs HODLing for Bitcoin Investors
• How to Buy Bitcoin Easily Without Fees?

I live and breathe making an income online.

I’ll be sharing more ideas and guides soon. Stay tuned.

If you haven’t already,sign up here to receive my emails.

P.S:This Bitcoin resourceis One of – if not the most – comprehensive resources for learning about Bitcoin with over 20 categories ranging from history to buying BTC, setting up a wallet, technical information, mining, security, and trading. Enjoy