The web’s most detailed review of Bitsgap: This automated cryptocurrency trading software is already a well-known name on the street for its crypto trading bots, smart order selections, and demo account feature. Bitsgap is compatible with 25 of the most reputable crypto exchanges on the market where you can trade, invest, or allocate capital through one single interface. Keep track of all your holdings, all your open positions, on all your accounts and exchanges through the portfolio tracker to take full control of your digital assets like a pro. Bitsgap offers very favorable pricing in a competitive niche that is growing fast and with the new scalper bot, all traders will be able to profit from smart algorithmic trading that requires no coding whatsoever. Read our full review and see how we earned $268 through the demo account with Bitsgap before you sign up for a free 7-day tutorial.
Pros
• Great order selection for seasoned traders
• Scalping bots for small and consistent gains
• Demo account to try the bots before going live
Cons
• Slow live chat
• Mobile app trading is currently not available
• The interface can be a little bit difficult for complete beginners
Why Bitsgap
In this section of our Bitsgap review we highlight 6 special features that deserves extra attention.
About Bitsgap
Bitsgap is a crypto trading software that offers automated ai crypto trading bots, portfolio tracking, a demo account, and 0% trading fees all under the same interface called the Bitsgap terminal. The owner and operator of the platform is a company called Bitsgap Holding OU which can be located in Estonia and the main office is based at Rotermanni tn 18, 10111, Tallinn.
The Bitsgap platform is founded by a team of expert traders, security professionals, and marketers who all share the common goal of simplifying advanced trading tools and making them available for any trader. Bitsgap was founded back in 2017 and what is unique about the launch is the fact that the team agreed upon not having a traditional ICO to allocate money. All money invested in the project comes directly from the pockets of the team which gives me a sense of comfort knowing that they are all in on this together.
Bitsgap is not regulated by any government but that is not necessarily something that lowers the trust scores, in fact, none of the funds are ever stored on the platform and since you can trade on regulated cryptocurrency exchanges through the terminal, the trustworthiness and security are just as high.
Why use Bitsgap
If you are looking for a one-stop solution to automate your crypto trading portfolio, profit from trading bots, control all your digital asset holdings, backtest strategies, access all your exchange accounts, and trade without any added fees through one single interface, then Bitsgap is a very promising project for you. Through the Bitsgap terminal, you can connect all your accounts at the same time and use all features available to improve your results and effectiveness.
Bitsgap can handle 20 active crypto trading bots, unlimited smart orders, and grid bots at the same time as implementing advanced order types such as trailing stop losses and take profit. Before you start with the live account and put real money on the table you are free to try all the features through the demo account where the bots work just as they would in a real-world scenario. I’ve been testing some of the bots since early this morning and so far they have executed all trades immediately, with no lags, and everything gets updated live in the portfolio.
The best use case of Bitsgap is for investors who already own coins on different exchanges where trading is limited or the portfolio management system is poor. There is no need to swap exchange completely if it is already connected to Bitsgap. Instead, sign up with a Basic, Advanced, or Pro plan and start automating your digital asset trading.
Trading on Bitsgap
The Bitsgap multi-exchange trading terminal is a great tool for both new and experienced traders thanks to advanced order types, 0% extra trading fees, and over 25 major cryptocurrency exchanges available to trade on. You should think of the terminal as a tool adapted for automated trading and portfolio tracking for all the coins you already hold on different exchanges. In less than 15 minutes you can sign up, set up a bot, and trade the coins you are holding on any of the major exchanges connected to Bitsgap.
Now, you have two options, you can either enter the Trading interface and go back to basics with normal order entries such as market orders and limit orders. The standard interface supports great stop-loss orders and take-profit orders which is a very good sign. I always cheer for those platforms that code great stop-loss orders where you can simply enter an amount in dollars or percentages before you open the position to protect your downside. The standard trading interface is also somewhat customizable which means you can change the position of things and adjust the functionality of the order book for example, very cool detail.
The second option is to enter the crypto bot trading interface which is the main product and is also located in the main menu. It is very easy to get started with bot trading on Bitsgap, all you need to do is to click “start a new bot” in the top right corner. Then, to the right of the chart, you can choose between several different day trading strategies that are live and ready to be implemented. You can see the current profitability and select the one you prefer and you are able to modify the bot before you activate it. Once activated, you will be able to follow the progress and full performance of the bot below the chart in the Open Spot Bots column. Remember to connect your exchanges before you get started.
Keep in mind that you can backtest any of the bots you plan to use before you put them on the live market.
Bitsgap pricing
$29/month – Basic plan
The cheapest choice on the platform gives you access to multiple exchanges, trading signals, and a portfolio that works on a cross-exchange basis. A demo option is available for two active trading bots.
Pay only $24/month with an annual plan.
$69/month – Advanced plan
Use the advanced plan to increase your trading limit up to $100,000 and access the arbitrage bot, futures leverage trading bots, and 5 active trading bots simultaneously. This is a good choice for a more experienced trader. Pay $57/month for a 6-month subscription.
$149/month Pro plan
Unlock unlimited monthly trading with the pro plan which is capable of trading 20 bots simultaneously, including futures leveraged bots, and trailing bots. Pro users also get access to premium support channels to handle issues rapidly.
Pay with a 6-month interval and pay only $123/month.
Each plan has a limited free-trial time where you can test all the features they offer.
Payment methods and limits
Bitsgap offers great on-ramps with fiat currencies and digital assets to purchase the plans. The payment methods today are PayPal, Visa, Mastercard, and Cryptocurrency. The minimum deposit on Bitsgap is $29 which is the cost of the basic plan for one month. Since Bitsgap doesn’t store your digital assets you can therefore not withdraw funds from the actual platform.
All funds are stored on the original exchange that you have connected to Bitsgap, for example, Binance, Okex, or ByBit. All profits are also kept on these exchanges and if you wish to make a withdrawal, simply login to that account and follow the withdrawal instructions.
Bitsgap category rating
Costs: | 4.0/5 |
Security: | 4.0/5 |
Trading Features: | 4.5/5 |
User-friendliness: | 3.8/5 |
Educational Resources: | 4.0/5 |
Mobile-Friendly: | 3.0/5 |
Funding: | 3.8/5 |
Customer Support: | 3.5/5 |
Things to improve on
The only thing I see as a small bump on the road is the response time for the live chat. The first attempt to contact an agent took me about 30 minutes which is not at branch standard for response times. However, the answers I got from Diana were spot on so the actual help was 5 stars.
There are not many crypto trading software platforms that are regulated at the moment, however, I would like to see a commitment to cement the credibility since we are dealing with money transfer, buying, and selling of digital assets.
Overall, I think that Bitsgap is a very interesting platform and what stood out to me as a bonus for using this platform above others was the demo account trading. You can literally try their bots in a live market and see how they perform. My bot was in the red at the beginning of the session but ended up profiting around $268 by the time I closed it. Not bad I must say and it really felt like I was trading in a live environment considering how the bot interacted with orders. Good job Bitsgap!
Bitsgap Trading Fees
Products
Trading Platforms
Order Types
Supported Devices
Special Features
About the special features on Bitsgap
When testing the platform for the first time, take notice of how easy things are to access, especially from the main menu. There is no unnecessary fluff to make things confusing, it’s clear that Bitsgap wants traders to find their way easily inside the interface. The crypto bot trading is the main function of Bitsgap but there are other things that make this a great product such as the customizable interface that lets you choose between different layouts, the stop-loss, and take-profit order selections that are incredibly easy to use, and something that we really like to see.
One-click trading is an option through the standard interface where you can access the market through market orders with only one click, a great way for day traders to use their portfolios. The Dollar Cost Average (DCA) system through the Combo bot is a fantastic way to set up your investment plans in several digital assets at the same time. The DCA system allows you to set up recurring purchases on every exchange you are connected to.
Leverage and Margin Trading
If you have funds on a platform that supports futures trading you can use the Combo bot to execute bots with increased leverage or margin through Bitsgap. This is only recommended to seasoned traders as you need to be familiar with how leverage investing works in order to protect your downside.
Bitsgap Bot Review
There are currently four bots available on Bitsgap, the Sbot for sideways market trading, the Classic bot with a moderate R/R profile, the Combo bot with access to DCA and futures, and finally the new Scalpers bot that we haven’t tried yet but uses High-Frequency Trading (HFT) for super-fast and small trades to make consistent gains.
- Classic bot – When you are faced with what you think is a rising market, the classic bot is a great choice as it buys your chosen coin at your chosen levels and later sells for a profit when the market takes a step higher.
- SBot – The Sbot accumulates more of your selected coin as the market moves down at a set dollar amount, for example, $250. The bot will buy $250 worth of your coin on declines and will later sell when the prices nudge a higher price.
- Combo bot – The Combo bot is a futures trading bot that uses both the DCA function and grid algorithms to execute no matter how the market moves. The way it profits is by reading the grid levels and taking small profits on each position. This process repeats as long as you have the bot live.
0% trading fee
Here is something we want to highlight for all traders that don’t understand the fee structure on Bitsgap. First of all, Bitsgap does not charge any extra fees by trading on the standard interface or executing trades with the bots. The fee you pay for entering and exiting the market is going to be the same fee as the exchange where your funds are stored. For example, if you have connected Bitsgap to Gate.io you will pay their trading fee which is 0.20%.
Bitsgap Supported Exchanges
As of writing this review, Bitsgap has partnered up with these crypto exchanges: Binance, Okex, ByBit, Bithumb, Bibox, EXMO, TheRock Trading, Liquid, Gate.io, Gemini, Bitstamp, Poloniex, CEX.IO, HitBTC, Bittrex, Coinbase Pro, Huobi, Bitfinex, FTX, and Kraken.
Bitsgap Arbitrage Bot
The arbitrage bot is a very neat tool you can use to find lucrative opportunities in the crypto market where the price of BTC is priced differently on different exchanges. For example, if the price of BTC on Binance is $55,000, and the price of BTC on Coinbase Pro is $55,150, you can buy Bitcoin on Binance, then transfer it to Coinbase Pro and make a $150 profit minus the exchange fees. Right now there are 455 opportunities to use the arbitrage bot on Bitsgap and the biggest profit potential is 19.65%. If you have enough money you can literally make close to risk-free trades and earn a good profit.
Crypto Portfolio Tracker
All your coins from all exchanges get imported to the Bitsgap portfolio monitoring system where you can see the full performance from one single dashboard. All of this happens automatically and for each account, you connect, your portfolio will get updated with new assets, total values, and performance.
Demo Trading Account
Here is a great tool for new traders and investors who are interested in seeing how the Bitsgap bots work in a live environment. Through the Bitsgap demo trading account you can add bots and different strategies to see how they perform while trading the markets for you. The strategies can also be backtested and modified for those of you who are savvier on the algorithmic side.
Our own experience with Bitsgap
Bitsgap Funding Methods
Accepted Currencies
Limits
Max Withdrawal Limits | No limit |
Min Withdrawal Limits | No limit |
Min Deposit Limits | $29 |
Bitsgap Withdrawal Fee
Method | Fee |
---|---|
Cryptocurrency | BTC 0 |
USD | $0 |
Languages
Restricted Countries
Security
Is Bitsgap trustworthy and legitimate?
We consider Bitsgap to be a trusted and safe platform to use and since you don’t store any funds on the platform you don’t have to worry about immediate threats to your digital assets. A 2FA verification system can also be implemented to increase the security of your account. Also, if you trade on a regulated exchange from the Bitsgap terminal you will have the same benefits as a regulated cryptocurrency exchange.
Is Bitsgap regulated?
No, the platform is currently not regulated by any government.
Support
Similar Alternatives
Frequently asked questions
Read what other traders ask about Bitsgap. Find answers without searching the web.
These are the supported exchanges: Binance, Okex, ByBit, Bithumb, Bibox, EXMO, TheRock Trading, Liquid, Gate.io, Gemini, Bitstamp, Poloniex, CEX.IO, HitBTC, Bittrex, Coinbase Pro, Huobi, Bitfinex, FTX, and Kraken.
The main office is located in Estonia and has the main office located at Rotermanni tn 18, 10111, Tallinn.
Yes, the trading bots on Bitsgap are definitely working as they should and after trying them out for a couple of hours on the demo mode we made a good $268 from their Standard Bot.
At the moment there is no mobile app available, however, confirming from their Twitter page there is an app in the works which we are looking forward to trying out.
You have two options, the standard spot trading interface, and the crypto trading bots. If you use the standard interface you will be trading just as you would on any other platform with all the advanced features they offer. If you choose to trade with the bots you simply click Bots in the main menu and then select your preferred bot. Before you choose a bot you can check the profitability of the various strategies, backtest the bot, and also modify before entering the market. When starting the bot, all you need to do is to check the performance through your open orders and then wait for the profits.
The arbitrage bot is an effective way of taking advantage of the price differences on all the different exchanges connected to Bitsgap. To start using the bot follow the instructions and check the profitability before you click go.
Yes, the company Bitsgap Holding OU is a legitimate business and all operations on the platform are legally compliant with government laws in Estonia.
Monthly plans: Basic plan: $29 / m Advanced plan: $69 / m Pro plan: $149 / m Plans for 6 months: Basic plan: $24 / m Advanced plan: $57 / m Pro plan: $123 / m
Yes, Bitsgap is available from all corners of the world including the United States.
Review Sources
The editorial team of Trading Browser is required to use first-hand sources to collect and share information regarding the businesses we promote. Among these sources, you will find LinkedIn profiles, Trustpilot reviews, Sitejabber ratings, whitepapers, government reports, and other reputable sources. Below is a shared list of the article sources used for this review.
- LinkedIn – “Bitsgap Company“
- Trustpilot – “Bitsgap.com“