Bitsgap Review: Arbitrage Crypto Bot and platform a Scam? - Topedgefx.com

Bitsgap Review: Arbitrage Crypto Bot and platform a Scam?

Welcome to the Bitsgap bot review. Bitsgap is a platform for trading and managing digital assets as opposed to just functioning as a mere Crypto bot like Quadence.

Bitsgap claims that users can integrate multiple Crypto exchanges and trade their coins in one place… something that we’ve verified already. Check for yourself by signing up here..

The platform is basically seeking to make work easier by providing all that traders need in one place.

Exchanges supported by Bitsgap platform include Binance, Bittrex, Bitfinex, Gemini, Poloniex, Bitstamp, Kraken, KuCoin and CobinHood.

As a matter of fact, users of these Crypto exchanges can access their accounts through Bitsgap using their API keys.

Bitsgap traders can execute arbitrage trades in addition to accessing automated trading algorithms and signals through the website.

bitsgap review

At the moment, the platform is offering a free plan but trading is limited to $1,000 volume.

So before you upgrade or even consider using this service, you may want to know about the features, complete breakdown of pricing, profitability and such like things.

If this service is not a good fit, you may want to consider a Crypto auto trading service known as Cryptoblizz.

∗Note: If you are a Forex trader, you can automate your trading by utilizing these highly recommended trading tools

Bitsgap review

The one unique feature of this platform is that it brings all Crypto trading services under one roof.

The aim was to make it easier for traders to manage their Cryptocurrency portfolios while trading with automated signals at the same time.

That means traders will not require to use a separate service for their automated trading needs or portfolio management.

In addition to this, Bitsgap is providing a demo which can be used to simulate real trading without necessarily involving real money.

A demo account is quite important here because trading involves a certain amount of risk and if traders cannot practice and familiarize themselves with the game before investing, it becomes a matter of gambling rather than investing.

We believe that when this feature is combined with Bitsgap’s trading bot, it could help traders simulate the real deal or even decide whether or not this bot is useful.

By the way, the Bitsgap bot integrates seamlessly with other features of the platform. It becomes a significant value proposition to traders not wishing to look for additional complementary services elsewhere.

Bitsgap review: Pricing plans

Apart from the free plan, Bitsgap is also offering 3 different packages. These plans come with all the standard features in addition to access to unlimited number of Crypto exchanges.

The following is a summary of what these plans look like:

Basic Package

Access to all the standard features

Two Crypto Bots

Monthly trading volume limited to $25,000

Monthly fee of $19 or $15 if paid annually

Advanced Package

Access to standard features

Up to 5 Crypto bots

Monthly trading volume of $100,000

Priority support

$44 per month or $35 if paid annually

Pro Package

Comes with all the features found in Advanced plan in addition to 15 Crypto bots.

Arbitrage trading is allowed

$110 per month or $88 if paid annually[/tab][/tabs]

In addition to the above, Bitsgap’s plans come with the following standard features:

  • Demo account
  • Over 10k trading pairs
  • 25 Crypto exchanges supported
  • 75 trading indicators
  • Trading bot strategies
  • Different order types including TP and SL
  • TradingView Charts
  • Trading signals and Market Watchlist

Bitsgap review: Trading platform and settings

In as much as this platform is easy to use, its features are advanced in nature.

Bitsgap platform is available for Desktop and mobile devices and all features can therefore be accessed through the tap of a button.

Bitsgap review bot and Crypto trading platform

In addition to this, we discovered that Bitsgap has a night mode feature to go easy on your eyes when trading or trying to tune settings for the bots at night.

As for the settings, Bitsgap provides an FAQ page that explains how the bots can be setup for use. Traders can use different parameters and even choose how much they would like to invest as well as the quantity they’d like to execute in an order.

Nevertheless, we feel that some of the features offered by their Crypto bots are too basic for experienced traders. So if you belong to this category of traders, our advice is to try the free plan and see whether the bots will suit your needs.

Security of the trading platform

Since Bitsgap is collecting user information that could be considered sensitive, it is only good to ensure that the platform is as safe to use as possible.

We’ve seen two-factor authentication which makes it impossible to access the API unless the withdrawal feature from the wallet is disabled.

With these security measures, we believe that it will be extremely difficult or even impossible for the average thief to get hold of your funds.

Profitability

Bitsgap bot does not promise any profits upfront. As a user of this platform, one has to utilize the demo feature to test the different trading strategies available on the platform.

That being said, we don’t expect users to utilize this platform if they have no idea what they’re doing. For that reason, experienced traders can test their strategies and only invest when they have found something that works.

Quality of Bitsgap customer support

This platform offers support from basic to pro plan. The knowledge base is in most cases sufficient to answer any questions that users may have.

However, in the event of encountering a challenge,  Bitsgap support can be utilized by opening support tickets appropriately.

Conclusion

Bitsgap seems to be an innovative Crypto trading platform being that they’ve combined all services and features under one umbrella.

However, you must keep in mind that currently we’ve not seen any testimonials of people who are profitable with this platform yet.

There are many reviews like this on the internet but none of them are providing feedback from real users who have used and profited from this platform.

Our advice is that if you want to use a Crypto trading platform like Bitsgap, start with the demo and see whether or not it will deliver.

Thanks for reading our Bitsgap review. We look forward to your comments.

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