Bitsgap Trading Bot Beginners Guide

Written By Alla Levin
April 02, 2021
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Bitsgap Trading Bot Beginners Guide

Cryptocurrency trading is becoming more famous, so it’s no wonder that platforms and bots continue to increase in number. Traders rely on these for easier trading and in making better trading decisions. One of the most used and famous platforms is the Bitsgap Bot. Based on all other Bitsgap bot reviews available, Bitsgap’s benefits outweigh its drawbacks. But let’s not get ahead of ourselves.

About Bitsgap Bot

Bitsgap is one of the many cryptocurrency platforms. It’s launched in early 2018 and provides a wide range of services and offers to traders. Bitsgap is managed by a team of traders, marketers, and security experts. Currently, many users have taken a liking to Bitsgap because it offers many helpful and reliable features for trading.

Bitsgap Features

Bitsgap offers a wide range of features to its users to help them in their trading. The following are just some of them:

  • This feature allows users to be on the lookout for any anomalies in the market so they can properly adjust their strategies and trading decisions.
  • High Security. Bitsgap’s security is one for the books. Users can connect their exchange accounts on the platform using API keys of the exchanges, ensuring that no actual deposits or transactions are made on the platform itself. Bitsgap also can’t access any funds of their users and customers as all orders and transactions made with API are secured by high-quality 2048-bit encryption.
  • With Bitsgap, users and other traders can maximize the differences in the prices between two or more exchanges.
  • Demo Exchange. There’s a “My Exchanges” option in all exchange accounts of the connected users in the platform. Aside from that, there’s also the “Demo” option in Bitsgap that allows users and traders to practice the use of all other notable features of Bitsgap, helping them to understand and be familiar with all the services and features it offers.
  • Portfolio Tracking. Traders and existing Bitsgap Bot users can have their live-generated portfolios to track their earnings, profits, and other funds.
  • Trading Terminal. It has high-end tools available to use on the platform to help traders to perform spot and futures trading on multiple exchanges with just one interface.
  • Automated Trading Bots. It’s one of the most liked features of Bitsgap. Bitsgap provides pre-configured trading bots which are optimized through machine learning and will help users in trading better.
  • Futures Trading Bots. Bitsgap also allows users and traders to build and create futures trading bots.

Bitsgap PricingBitsgap Pricing

There are three subscription plans to choose from in Bitsgap, and all of these plans come with a 14-day free trial for users. Here are the three subscription plans and what features are available with these plans.

Basic for $19 per month:

  • Includes all standard features of the platform
  • Traders can perform unlimited exchanges
  • Comes with a $25,000 monthly trading limit
  • Users are provided with two active trading bots

Advanced for $44 per month:

  • Includes all standard features
  • With unlimited exchanges
  • Has $100,000 monthly trading limit
  • Provides 5 Active trading bots
  • Accessible arbitrage feature

Pro for $110 per month:

  • Accessibility to all standard features
  • With unlimited exchanges
  • Has an unlimited monthly trading limit
  • Provides 15 active trading bots
  • Take profit for bots
  • Usable arbitrage feature
  • Available priority support

Bitsgap Exchanges

Bitsgap has 25 supported exchanges. It has the highest number of supported exchanges for a platform. Some of the exchanges it supports are as follows:

  • Kraken
  • Binance
  • Bibox
  • Liquid
  • Bitfinex, and many more

Bitsgap Customer Support

Traders and users can request assistance and support through the platform’s chat support available on the website. Reviews from other users have expressed their satisfaction with the customer support’s prompt and helpful responses.

Advantages and Disadvantages of Bitsgap

Here are essential points to be aware of.

AdvantagesDisadvantages
●       It has many features, and all are accessible in just one place.

●       It has arbitrage opportunities.

●       It’s easy and fast to start, and its configuration is simple.

●       It offers free packages for accounts with small funds or budgets.

●       It provides two weeks of free trial without the required attachment of a credit card.

●       It offers pre-configured trading bots.

●       It doesn’t have a mobile application.

●       It has limited trading bot functionalities.

Starting in Bitsgap

To enjoy all features and services of Bitsgap when you’re first starting, you need to follow the following steps:

  1. Open your free Bitsgap account by signing up on the platform. Provide all necessary data and information.
  2. Connect your exchanges at ease because Bitsgap can never have access to them.
  3. Start your trading experience with the secured Bitsgap bot with 2048-bit encryption.

Conclusion

Bitsgap is a reliable and secured platform and is great for starting your cryptocurrency trading journey. It has many features and tools to offer cryptocurrency traders the best trading experience and opportunities to gain profits. It has many advantages and only a few irrelevant disadvantages, proving how helpful it will be for anyone who’ll use it. It’s easy to create an account and is simple to use, making it a good choice for beginners and experts.

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