A bit of a mystery, Bitsgap tracks the prices of a wide variety of cryptocurrencies across multiple exchanges. The platform also displays market signals, or sharp movements in a specific currency. The site also allows you to filter by exchange and view your holdings, open orders, and ROI. We’ll take a look at some of its advantages and drawbacks. Ultimately, we’ll get to the pros and cons of Bitsgap.
The Bitsgap website now boasts 18 million visitors, with a 13 percent increase in the past month. Visitors from Colombia and Belgium have increased the site’s traffic by over a quarter. More than 500,000 traders choose Bitsgap, and they’ve developed more than three million trading bots, resulting in more than $300 billion in total trading volume. Bitsgap is a reliable choice for anyone looking to get started with crypto trading.
Bitsgap also provides users with a number of automated tools for making trading decisions. It is possible to set the order size dynamically, as well as take profit and stop-loss targets based on the technical indicators. Bitsgap even lets you create your own bots. As with other bots, Bitsgap allows you to set both a DCA stop-loss and a fixed percentage SL. Essentially, Bitsgap lets you customize your trading experience by making use of a range of tools to make the most of the system.
If you are new to the world of cryptocurrency trading, it’s important to choose a platform that’s reliable and easy to use. Bitsgap offers a variety of features and settings that make cryptocurrency trading easier and safer. It also offers a number of monitoring options that may be beneficial to novice traders. The security of Bitsgap is high, and their customer service is second to none. The security measures adhere to gold standard norms.
Bitsgap is compatible with most exchanges and allows users to set up as many as 10 bots. The simplest plan allows you to create a number of bots, and is priced competitively compared to other platforms. Users will need to invest a higher monthly fee in Bitsgap to gain access to its advanced trading features. It also lacks social features, copy trading features, and advanced strategies. So, is Bitsgap right for you?
Bitsgaps is available in three subscription plans. Basic plans are available for $29 per month, while advanced plans have an unlimited trading limit. Basic plans include two trading bots and a grid. Pro plans include five bots and Arbitrage. The Pro plan comes with no trading limit and no monthly trading limit, and comes with priority customer support. A free trial of Bitsgaps can be used to test out the platform before signing up for a full subscription.
As mentioned, arbitrage is not suitable for newcomers to the crypto space. However, seasoned traders can profit from Bitsgap’s arbitrage feature. Bitsgap’s algorithm analyzes thousands of pairs on different exchanges and provides potential arbitrage opportunities. All you need is an API key, verified accounts, and a fair amount of money on both exchanges. This way, you can arbitrage trade and maximize your profits without losing too much money.