Simplifying Crypto Trading with Bitsgap: An In-Depth Review

WhiteBIT
Published 01 March 2023
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Simplifying Crypto Trading with Bitsgap: An In-Depth Review

Content

Is trading crypto easy? That’s the question on many people’s minds with the growing popularity of digital currencies. Cryptocurrency trading can be complex and overwhelming, but platforms like Bitsgap simplify the trading process by combining all available instruments and exchanges in one place. We have already figured out what cryptocurrency bots are and how to find a suitable one. In this article, we’ll provide an in-depth review of Bitsgap and its features to help you determine whether it’s the right platform for you.

What is Bitsgap?

The development of the Bitsgap project started in 2017. Since that, the team’s mission has always been to build a platform that simplifies the crypto trading experience, making it accessible to everyone with the help of smart trading bots.

Now, Bitsgap is an all-in-one trading platform that makes easy cryptocurrency trading possible by enabling users to work with 15 different exchanges with just one account. With Bitsgap, users can easily trade cryptocurrencies and crypto futuresall from a single user-friendly interface, using automated bots. The platform is packed with various tools and features to help users make the most of their trades, manage their portfolios, and automate their strategies.

What services does Bitsgap offer?

Bitsgap offers an array of services for crypto trading simplified. These include a portfolio tracker, smart trading terminal, trading bots, and demo trading. The platform also provides access to a range of analytical tools that help traders make informed decisions, such as:

  • Technical analysis, including candlestick charts, moving averages, Bollinger Bands, and more.
  • Price alerts to monitor market changes in real-time.
  • Portfolio tracking that enables users to keep track of their investments across multiple exchanges.
  • Trading statistics, including profit and loss statements, trade history, and more.
  • Backtesting on historical data so that traders can check how they would have performed in the past.
  • Market sentiment analysis, which helps traders to gauge market trends and sentiment.

Bitsgap also offers three payment plans: Basic, Advanced, and Pro. Each plan contains varying levels of functionality and services, with Pro being the most comprehensive. The Basic plan is ideal for beginners who are just starting, while the Pro plan is suited to advanced traders.

Trading bots on Bitsgap

Bitsgap offers a range of trading bots that automate the trading process. Users can choose from a range of pre-built bots or create their own custom bots using the platform’s visual editor. The bots can be set to trade based on various indicators, such as moving averages, MACD, and RSI.

The platform provides the following types of trading bots:

  • GRID bot based on a simple grid crypto trading strategy, designed to take advantage of market fluctuations;
  • DCA (Dollar-cost Averaging) bot is used to divide investments into several price levels in order to get the best average entry price;
  • BTD (Buy the Dip) bot employs the popular strategy of the same name, allowing users to earn and hodl crypto in the falling market.
  • COMBO/Futures bot for trading futures contracts. It is a powerful crypto trading bot that combines both GRID and DCA strategies to get the most out of crypto futures.

Live and Demo trading

Bitsgap offers both live and demo trading, with many customizations to help traders refine their strategies. Live trading includes a bunch of smart features that allow users to automate their trades based on predetermined conditions and set desired Take Profit and Stop Loss levels. When the market reaches these levels, the trade is automatically executed. This is particularly useful for those who have a specific trading strategy.

The demo trading feature, on the other hand, allows users to practice trading with the actual data without risking their funds. This is an excellent feature for beginners who want to gain experience by trading with virtual funds before trading with real money.

Security and reliability

Security is a top priority at Bitsgap. It uses two-factor authentication (2FA) to secure user accounts, and user data is protected using industry-standard encryption, including SSL encryption and IP restrictions. The platform is also highly reliable, with 99.9% uptime and 24/7 monitoring.

Distinctive features of Bitsgap: how does Bitsgap stand out on the market?

Bitsgap has several distinctive features that make it stand out from other crypto trading platforms.

Multiple exchanges in one interface. With Bitsgap, users can trade on multiple exchanges from a single interface. This makes it easy to manage multiple trades and portfolios.

A wide range of trading bots. The company offers a range of pre-built trading bots that cover a variety of trading strategies. Users can also create their own custom automated strategy using the platform’s advanced settings

User-friendly interface that makes it easy to navigate and execute trades. The platform also offers a detailed knowledge base to help users get started, and a 7-day free PRO-trial period to try out all available platform’s functions.

Bitsgap is a comprehensive trading platform that offers a range of features and tools to help users trade cryptocurrencies and manage their portfolios. With its user-friendly interface, multiple exchanges in one interface, and range of trading bots, it stands out as a great choice for both new and experienced traders. With the company’s roadmap including the development of new features, we can expect even more functionality from the company in the future.