If you are considering using Bitsgap to place your trades, you should be aware of a few things. First, this platform does not have social trading or copy trading features, which may make it less suitable for more advanced traders. Secondly, Bitsgap’s trading bot is cloud-based, which means that it will not require any software or installation to run. Furthermore, it is portable so you can use it from any computer or mobile device.
Another benefit of Bitsgap is its high level of security. It utilizes RSA 2048 encryption, compared to 1024-bit encryption used by most financial institutions. This means that your personal information is safe from unauthorized access. Furthermore, you can withdraw your profits from your account without any fees. You can also get a free trial to use the platform and test its features.
Finally, Bitsgap allows you to track and analyze your portfolio, which shows you how you’ve performed in the past. The platform has a portfolio that shows your past transactions, and it gives you an idea of how much you’ve earned over time. You can also try a 14-day free trial to see how it works. In addition, you can choose from three subscription plans, each with their own set of benefits and limitations.
Once you have registered with Bitsgap, you must follow a few simple steps. You can then link your account with a few crypto exchanges, and then place trades without any financial risk. Once you’re done with that, you can even set up bots and take advantage of arbitrage opportunities.
Bitsgap review offers three plans to its customers: Basic, Advanced, and Pro. You can choose the one that suits your trading needs best. If you need unlimited exchanges and need to set up trading signals, Bitsgap’s Basic plan will cost you $29 per month. Advanced plans include a trading limit of $100,000 per month, and include the Arbitrage feature. The Pro plan offers no trading limit, unlimited trades, and priority customer support.
Bitsgap’s signal service can be very helpful in identifying market anomalies. It alerts you to sharp price movements and highlights the best opportunities. It is not necessary to be a pro trader to make money with Bitsgap, though. Essentially, you just need to set up a few settings and let the bot do its work.
The algorithm used by Bitsgap works by taking advantage of gaps in the value of a single cryptocurrency on two different exchanges. While this is more complicated than it sounds, it makes the process very easy by using an automated system that calculates arbitrage potential based on your account balance. It also takes into account the fees and commissions charged by competing exchanges. The result is that you get a profit percentage.
Another great feature of Bitsgap is the way it protects your private information. The platform uses encrypted API keys and is completely secure. Unlike other platforms, it doesn’t allow third parties to access your private keys. Users can also use the chat feature on the platform.