Bitsgap is a platform that provides services trading bots and smart trading on brokers Binance, OK, cooperative, KuCoin, Bybit and other sites. The company was founded in Estonia in 2016 and the CEO is Max Kalmykov.
Bitsgap offers a large number of effective tools for automated trading, portfolio management, and the use of popular strategies such as GRID and DCA. There is a seven-day free trial.
Web Site: https://bitsgap.com
We provide an overview of the functionality of the Bitsgap platform, prepared by our editors.
general information
| Designation | Bitsgap |
|---|---|
| Official website | https://bitsgap.com/ |
| Enterprise | Bitsgap holding UO |
| Company address | Luminor House Liivalaia 45 10145, Tallinn, Estonia |
| Release year | 2016 |
| Services offered | Trading Bots for Cryptocurrency Exchanges |
| Supported Exchanges | Binance, Bitfinex, Bittrex, Bybit, Coinbase, Gate, Gemini, HitBTC, HTX, Kraken, KuCoin, OKX, Poloniex |
| Pricing for bots | From $24 to $123 per month |
| Trial period | Yes, 7 days |
| Refund if you cancel your subscription | No |
| Additional fees | No |
| Affiliate Program | Up to 30% guest user fees |
| Mobile App | No |
| reference information | https://helpdesk.bitsgap.com/ |
| Blog | https://bitsgap.com/blog |
| Technical support | Website Chathttps://bitsgap.com/contact-us |
| Social media | http://t.me/bitsgap_ruhttps://t.me/Bitsgap_news
https://www.youtube.com/channel/UCPi-HyNRhwgjNhGMc7j0pPQ |
Features and resources
Three main areas in which Bitsgap operates:
- Trading Bots – network and DCA (dollar-cost averaging). These are the most popular and effective strategies in the cryptocurrency market. Bots for futures trading with high risks and potential profits. Full statistics and analytics on the work of bots. Supports take-profit, stop loss and trailing stop functions.
- Smart Trading – a convenient trading terminal with support for a large number of different orders, automatic profit taking, more than 170 indicators and more than 50 tools for working with charts
- Portfolio Overview – even if you trade on several exchanges at the same time, many assets, you will be able to assess the total state of your trading portfolio on a special Bitsgap page, which is very convenient.
An important feature of the service is the ability to trade in demo mode without investing your own funds. You can get up to 10 virtual BTC on ten popular cryptocurrency exchanges and use them to try out new strategies and gain trading experience in a safe and completely risk-free environment.
Now let's take a closer look at how to work with Bitsgap.
Tariff plans
You can pay the tariff for six months at once (which is more convenient and profitable) or for 1 month.
Three tiers of tariff plans at Bitsgap and the difference between them:
- Basic. $24/month if paid for 6 months. $29/month if paid for 1 month. Available: 2 grid bots active at the same time, 10 DCA bots active, unlimited smart requests.
- Advanced. $57/month if paid for 6 months. $69/month if paid for 1 month. Available: 5 grid bots active at the same time, 10 DCA bots active, unlimited smart requests. Futures bots, trailing-ups.
- PRO. $123/month if paid for 6 months. $149/month if paid for 1 month. Available: 20 grid bots active at the same time, 10 DCA bots active, unlimited smart requests. Futures bots, trailing ups + profit taking.
You can pay in the following ways: Visa/Mastercard, PayPal, Bitcoin, Ethereum, Litecoin, plus 50 altcoins.
During the first 7 days after registration, the Pro functionality will be available in full.
Registration and preparation for work
To create an account on Bitsgap, click Subscribe at the top of the screen. Then enter your username and create a password, or you can use a faster method – register using your Google or Facebook accounts. If you wish, check the box and subscribe to the newsletter.
Please read the terms of use of the platform before registering. The User Agreement is governed by and construed in accordance with the laws of the Republic of Estonia.
A link will be sent to your email to confirm your registration, follow it to complete the process. Authorization in the service will occur automatically.
After registration, we recommend that you go to your personal account settings, go to the “Security” section and enable two-factor authentication. This will significantly protect your account and prevent unauthorized access to it.
How to create an API key and connect to the exchange
Go to the broker of your interest and log in to your account. For example, we will work with Bybit but in essence the procedure is the same everywhere.
- Go to the API section of your account.
- Click “Create a new key”.
- Select the “Link to a third-party app” option and find Bitsgap in the list.
- Set up permissions. You only need to check one box – for spot trading. When you’re done, click the “Submit” button below. Confirm the action by entering the 2FA code.
The key has been successfully created. Before adding it to Bitgap, keep both keys in a safe place. After clicking “Confirm”, you will never see them again.
Then go to Bitsgap, “My Exchanges” tab at the top.
Click on “Add new exchange”.
Select from the dropdown list which exchange you want to add (in our case Bybit) and enter the API keys and click the “Connect” button.
Launching a new bot
Click “Start a new bot” in the Bitsgap website header.
Choose the appropriate bot type depending on your goals and strategy:
- Bot DCA. Dollar-cost averaging is a common strategy for trading in both declining and rising markets.
- Sbot for network trading. Convenient for trading in a relatively stable (“sideways”) market.
- Classic bot. It also uses a grid strategy, but with a more balanced relationship between risk and potential profit.
- Combination of bots. Designed for futures trading, it is essentially a combination of grid trading and DCA.
- Bot changer. Only for KuCoin exchange. Completely free, provides a small but stable income.
All bots have predefined settings. Check them, adjust them if necessary, and then you can launch the bot. Don't forget to select the broker and trading pair from the drop-down lists.
Please note that not all settings can be adjusted. When entering prices, leave only 2 decimal places, otherwise the entry will be impossible.
The launched bot will appear in the list below the graph. You can cancel it at any time by clicking the corresponding button at the end of the row.
Before you actually launch with real money, you can click on “Test Settings” and see how they would work in theory. Based on that, edit the strategy.
Trading platform
The Bitsgap trading section is essentially a regular section cryptocurrency exchange. A standard trading terminal includes charts, an order book, a tool for creating your own orders, transaction history, etc.
Here you can trade manually, testing your own strategies.
The exchange from which the funds will be used is selected in the upper right corner by clicking on the wallet icon.
Working in demo mode
Go to “My Exchanges” and click “Go to Demo Mode” in Bitsgap. Choose any of the ten exchanges available:
The exchange you choose must be connected to Bitsgap via the API, as described above. For each of them, you will receive approximately 33,000 virtual dollars, with which you can practice without risking your real money.
Bitsgap Reviews
Evaluation activated Trust Pilot: 4.5 out of 5
Evaluation in Google: 4.7 out of 5
Very good reviews about the project. They especially highlight the extremely fast customer support – this is true, we have personally verified it. The user interface is simple, not overloaded, extremely clear and, in its improvement, very Brazilian. The creators are also actively working on the platform, updating it and adding new features.
However, not all solutions were to the liking of users; for example, they condemn the removal of price restrictions on tracking orders. Instead, the team decided to focus on other alternative tools that perform similar functions.
Advantages and disadvantages
Frequently asked questions
Conclusion
Bitsgap is one of the popular and high-quality cryptocurrency services with excellent customer support. If you are looking for a trade To the Binance, Bybit, OKX or another major cryptocurrency exchange, we recommend considering this option. The simple and intuitive interface is designed so that even a novice trader will have no problems setting up and launching their first trading bot. Ready-made strategies are presented, but you can create your own based on your goals.