Introduction
Bitsgap is a trading robot that helps users to set up automated transactions on various cryptocurrency exchanges such as Binance, Bitfinex, Kraken, and many more. The trading robot has many use cases and can help traders to make automated sales and purchases without the slightest interference.
The algorithm of this automated trading robot establishes buy and sell orders in the target markets. Find the best-selling and buying places for the pairs that the user chooses. Bitsgap connects to traders' accounts on exchanges and handles trading for them. Users can test the interface and functions in a 14-day trial, demo mode, or Backtest for free.
Bitsgap Features
Using a trading robot to find the best places to buy and sell in fluctuating markets is a strategic decision. You can set up the robot once and benefit from an automated trading system for a long time. Some of the features of Bitsgap for merchants are:
• Smart and easy strategy design in just a few clicks
• Free demo and 14-day trial
• Preset strategies for novice users
• Smart TradingView charts
• Cloud-based service with no download required
The Bitsgap trading bot has many features and tools available for automated trading. You can read more about various parts of this tool below:
Trading
Bitsgap has a multi-exchange trading platform. In simple terms, you can connect the trading robot to various exchanges. You will implement the trading strategies for each exchange without the need to pay additional fees. Famous crypto exchanges like Binance, OKEX, KuCoin, Kraken, and many more are supported by this bot.
The Bitsgap trading terminal offers various functions for traders. Display the charts of crypto pairs with the help of the TradingView API. There are more than 100 indicators and 50 smart drawing tools available in the terminal. There are twelve types of charts available and users can also view their trades. It is not necessary to open the trading account and traders can change or cancel.
Signs
A good trading robot should suggest trading pairs to users. Bitsgap analyzes thousands of cryptocurrency pairs and suggests the best opportunities for users. It shows you the couples with the highest growth potential every day. Also, you can place smart orders to minimize your risks when trading these potential pairs. You can filter the suggested signals based on percentage magnification, signal strength, exchange, and detection time.
Arbitration
Buying cryptocurrency on one exchange and selling it on another with higher prices is a smart strategy that some traders execute. Bitsgap helps you find the best opportunities to sell your purchased cryptocurrencies. It offers crypto and fiat arbitrage with the calculation of the fees within the suggestions. In simple terms, the automated trading robot helps you monitor the market more accurately.
Briefcase
The automated trading bot allows you to monitor your assets on time. No need to manually add your bought or sold cryptocurrencies. The trading robot calculates stocks automatically thanks to integration with exchanges. Bitsgap supports over 1800 crypto assets automatically from all your connected exchange accounts.
Demo
Bitsgap allows you to test the auto trading bot for free to see its features in action. Just sign up for a free demo account. The account will give you simulated money to allow you to trade and gain experience with the bot. The demo account supports up to five cryptocurrency exchanges with live data. You can test trading, signals and bot trading on this account.
How to use Bitsgap
You must create an account to use Bitsgap. Follow the steps below to create an account and start using the automated trading bot.
1. Visit the Bitsgap website at Bitsgap.com .
2. Click Get Started.
3. Sign in with your email, Google or Facebook account.
4. A confirmation email will be sent to your address. Click on the link and complete the registration.
Do not forget that for any questions or queries you can visit the Bitsgap help center .
Interface
After logging into your Bitsgap account, you will see an interface like trading interfaces on exchanges. There are various tools and functions available in it.
The main part of the interface displays a TradingView chart with familiar tools like charts and indicators. You can customize the chart by changing the trading pair and / or drawing indicators. The top menu shows various functions: Trading, Bots, Signals, Arbitrage, Portfolio and My Exchanges:
Trading
The trade page allows you to place orders for preferred pairs on connected exchanges. It has an interface similar to cryptocurrency exchanges with order book, chart, limit, order and stop-limit orders, etc. The biggest difference is that you can choose different exchanges on this page.
Bots
The Bots page is where you design and execute automated trading strategies. You can start a bot on a connected exchange or use Backtest to test the strategy. There are three strategies available for the bot: SBot, Classic Bot, and Combo Bot.
SBot is the most efficient with the highest returns. After choosing the strategy, you must choose the exchange, the pair and the investment amount. You can enable Trailing Up in the bot menu. It will automatically move the grid up when the price rises and it will also move the stop loss limit. Take Profit and Stop Loss can be enabled to automatically sell the asset at a profit or loss.
Signs
The Signals page displays signals suggested by Bitsgap. Calculate market anomalies for various cryptocurrency pairs on different exchanges and suggest possible ones. The signal table shows useful information:
• Pair: The potential trading pair
• Detected price: The price of the pair at the time of detection.
• Current price: The price of the pair in time
• Change: The gains or losses of the pair from the moment of detection
• Exchange
• Detected: The time of detection of the pair.
• Level: The potential level of the couple.
When you connect exchanges to Bitsgap, you can automatically exchange signals from this interface without the need to change your exchanges.
Arbitration
This page shows the price of the pairs on various exchanges. The list compares the price between two pairs with more differences. It also shows the profit you make if you buy the pair and sell it on the other exchange.
Briefcase
You can track all your holdings, profits and losses on different exchanges on this page. It shows the ROI of each asset in 27 hours, seven days and 30 days along with the total ROI.
My exchanges
This page shows all your connected exchanges in one place. You can connect exchanges using the APIs they provide. Do not forget to configure the accesses correctly, so that you can operate directly from the Bitsgap interface.
Demo mode
As mentioned above, Bitsgap has a demo mode that allows you to test the features and strategies with fake money and prices in real time. You can enable the demo mode by clicking the profile picture in the upper right corner of the main interface. After enabling the mode, you can see some demo assets in your portfolio. Also, some exchanges will be on the My Exchange page which shows the demo connection with the famous ones like Binance and Bitfinex. You can use these demo connections and assets to test signals, your trading strategy, and the trading robot.
Prices
Bitsgap is free for the first 14 days. It offers three payment plans after the trial ends. The plans are different in features. You can see the differences in the image below.
All plans support 25+ exchanges and 10,000+ trading pairs. Most features are available on all plans. The biggest difference is in the monthly trading limit.
About the Bitsgap team
The Bitsgap team includes trade experts, security experts, and marketers. The project has started without ICO or any other initial investment. The team is focused on developing new features based on the needs they receive from users. Cointraffic and Admiral Markets are the main supporters of Bitsgap. You can see the full members of the team below.
Conclusion
Trading bots are very useful for those users who need a precise and fast trading strategy. They help traders to set automatic trading thresholds and feel calm when trading on different exchanges. Bitsgap is one of the best trading bots that offers multiple functions to users. The Demo account is ideal for those users who need to test the features before investing their money. You can eliminate many challenges for trading, with the support of various exchanges and a large number of trading pairs.