As a wide-ranging trading platform for all cryptocurrencies, Bitsgap provides interested traders with all the crucial trading tools. From Arbitrage, signals, and trading to demo and bots this interface assists crypto traders to skillfully manage their assets. With the assurance of identifying the best profit opportunities, this platform allows trading on more than 25 crypto exchanges. With headquarters in Tallinn, Estonia, the vendor provides a location address and the registry code is 14004763. The support options provided include an email address, through the Telegram channel, or via social media pages.
The website is well-made with easy navigation features. In addition to the trading tools presented by the platform, there is a knowledge base and quick links for accessing the individual trading features. The main features of the company include
- Trading terminal: This includes access to trade cryptocurrencies including Bitcoin
- Signals: With the signal service, traders can identify the coins that show a positive upward swing and make profits with the momentum
- Arbitrage: Exploit the difference in the rates of many exchanges
- Portfolio: Know how your investment is performing easily
- Trading Bot: Use automated algorithms to capitalize on the market movements
- Demo: The free simulator helps to practice trading prior to taking the plunge
Using the platform is a simple process. You need to register to open an account on the platform. Through the account you can link to exchanges and funds will be under your control while you trade through the platform.
The knowledge base offers general info about the platform, how to utilize the features, and other matters that users need to find such as payment, subscription, and more.
The Idea Behind Bitsgap
Developed by a team consisting of traders, marketers, and security experts, this platform intends to create a one-stop solution for managing crypto assets competently. To make the trading tools easier to use, the platform has been creating complex projects which it supports with its own money.
The team members of Bitsgap include Maxim Kalymkov, the CEO, Dmitri Laush, the chief strategist, and Sergei Verbitski and Jevgeni Avdeev, the COO and CTO respectively. Other members include Antoli Girenko and Ervin Kougija. All of them have a LinkedIn presence. Besides these core team members, the platform has 10 developers, three support personnel, and a marketing team. Admiral Markets and Cointraffic offer support for this platform.
Safety of Bitsgap and the Network
Funds of users are not accessible to the platform at any time. The funds are secured safely at the exchanges and are linked using an encrypted API system. This ensures complete security for executing trades and generating portfolios for users.
The 2048-bit standard protocol is used for encryption of the servers and a highly secure network is used to store the data along with firewall protection. In addition to the above measures the platform strongly recommends using 2FA while using its services and for email addresses linked to a user account.
Three pricing plans are present for availing of the features of this platform. These include the basic plan costing $19 per month, the advanced plan that costs $44 per month, and the Pro plan costing $110 per month. The plans differ based on the restrictions placed on trading done per month and the number of trading bots a user can avail.
All three plans come with a free trial period of 14 days. The features common to the plans include unlimited exchanges, signals, portfolio, demo trading, and extended order types. With the Pro plan arbitrage and take profit for the bots are added as exclusive features.
We found 74 reviews for this service on the Trustpilot site with a rating of 3.9/5. Screenshots of the reviews are shown here.
The positive reviews indicate good bot results and customer support and commend the effective tools. With the negative reviews, it is clear that while the demo mode showed good performance, the real trading suffered losses. Another review states the online chat facility is not responding to requests. One of the reviewers mentions the platform is filled with bugs and lost a big amount because of the ineffective bots.
Is Bitsgap a Legit Investment Service?
While the features appear to provide a comprehensive solution to crypto traders, a closer look reveals that there are downsides that can prevent it from being an authentic service.
Our VerdictOur Verdict
- Convenient and hassle-free features
- The 14-day trial
- The trading bot has limited features
- Mobile app is not present
- API connection is used for an exchange link, which can be unreliable