In this Bitsgap review, we’ll go over some of the features and functions of this cryptocurrency exchange. The team behind Bitsgap consists of entrepreneurs, investors, and software engineers. While the platform is still in the early stages, it’s already garnering a modest following. Overall, this app is worth a shot.
The app is an all-in-one trading platform that integrates with several popular cryptocurrency exchanges. It offers features like portfolio tracking, arbitrage, and trading bots. It also provides various safety features. Users can opt for a free trial to test the Bitsgap app’s features.
Bitsgap uses two-factor authentication to protect user funds. While this is standard on most crypto applications, it’s a good idea to use this extra layer of protection. It’s also worth mentioning that it offers email support and priority support. The free plan includes all the standard features and a $1,000 monthly trading limit. It’s important to familiarize yourself with the platform before you spend any money.
Besides the free trial, you can choose between three monthly subscription plans that cost $29 per month or $149 for annual billing. Bitsgap’s basic plan offers two trading bots and a grid. The advanced plan adds arbitrage and priority support. Lastly, the Pro plan offers twenty trading bots, a trailing up-down feature, and more.
Choosing a bot for the Bitsgap platform is an essential part of successful trading. Several options are available, from the classic grid bot to the Combo bot, which uses both grid and DCA strategies. Bitsgap also provides a combination bot and HTF-bots for fast trading. However, you should note that Bitsgap requires a high level of market knowledge before you can use it.
The Bitsgap trading bot works by connecting to the exchange API. It is compatible with multiple exchanges and offers pre-defined strategies. The robot also offers a backtesting feature that allows users to see how profitable a strategy is. These features make Bitsgap a viable option for traders who don’t have much time for manual trading.
The smart trading terminal makes it easy to monitor trades and determine when to exit. You can also set your take profit target and stop loss. With Bitsgap, you can use the trailing stop loss feature to maximize your profits and minimize losses. Using this feature, you can decide which currency pairs to buy and sell when the market price moves upward.
Bitsgap supports over 18 exchanges and trading pairs. To use Bitsgap, you must link the exchanges to the exchange with your API key. Then, you’ll be able to execute market orders, limit orders, stop orders, and trailing take profits. Additionally, Bitsgap supports scaled orders and TWAP.
Bitsgap is an excellent option for automated crypto trading. Its price range is flexible, and you can use it for either active or passive trading. It even supports algorithmic trading and bots. If you’re new to crypto trading, you can sign up for a free trial version and try the program out risk-free for seven days.