Best Alternative to Bitsgap: What Other Options Are Available?

Crypto Trading

Best Alternative to Bitsgap: What Other Options Are Available?

Last Update: 2022-03-22

Bitsgap is a popular cryptocurrency trading bot that offers a wide range of features and integrations. However, it's not the only bot out there, and there are several others that may be a better fit for your needs.

Best Alternative to Bitsgap: What Other Options Are Available?

Trading bots have become an increasingly important part of the cryptocurrency trading ecosystem. Their ability to execute trades quickly and efficiently makes them a valuable tool for traders.

Bitsgap is a popular cryptocurrency trading bot that offers a wide range of features and integrations. However, it's not the only bot out there, and there are several others that may be a better fit for your needs.

In this blog post, we'll go over the best alternatives to Bitsgap so you can choose the right bot to automate your trades. Whether you're looking for features, ease of use, or price, we've got you covered. Read on to find the perfect trading bot for you!

What Is Bitsgap?

Bitsgap is a cryptocurrency trading platform that offers users a wide range of features to help them make informed decisions when trading. These features include real-time pricing data, advanced charting tools, and access to a comprehensive database of all cryptocurrencies. Bitsgap also offers a user-friendly interface that makes it easy for anyone to get started trading cryptocurrencies.

Bitsgap is also one of the most secure cryptocurrency trading platforms available. All user data is encrypted using industry-leading security protocols, and all transactions are processed using secure SSL encryption. Bitsgap also employs a team of experienced security professionals who work round-the-clock to ensure that user data is always safe and secure.

Its bot is designed to help users make money by automatically placing orders on exchanges. The bot offers a wide variety of strategies for users to choose from, which can be customized according to their preferences. Bitsgap is also one of the most affordable trading bots available, which makes it a great option for traders on a budget.

Quick Summary
Platforms Available Cloud-based Web Application with mobile compatibility.
Tokens All leading tokens are supported for trading.
Trading Bots Grid Trading Bots, Classic Bots, SBot Bots, and Combo Bots
Trading Fees Basic: $19/month Advanced: $44/month Pro: $110/month
Exchanges 25+ including Binance, OKEX, Kraken, KuCoin

5 Best Alternative to Bitsgap

So, if you're not into Bitsgap, don't worry! There are still many other options to choose from and here we look at 5 of the best ones.

1. Altrady

Altrady is a one-stop-shop for cryptocurrency investors. The platform allows you to buy and sell on multiple exchanges from just the comfort of your home or office, which saves time. With all these customization tools at hand, it's easy enough that anyone can create their own trading strategy too.

Altrady makes it easier than ever to take advantage of trading opportunities. With their innovative and easy-to-use order form, you can create trades with just one click. The best part? You don't have to worry about configuring any bots or setting up webhooks. Altrady’s signal bot or grid bot will do all the work for you by virtue of its sophisticated algorithms backed up with human intelligence.

The Altrady portfolio is a clear and beautifully-presented way to keep track of all your investments. It allows you not only to see the current value but also how much it has grown or fallen over time in an easy format that will make monitoring trends effortless.

With a highly volatile ecosystem like crypto, traders need all the information they can get. Altrady lets you sign up for instant alerts on important price movements. So that your trading life is made easier with less guesswork involved.

Altrady is a multi-exchange crypto trading software that has been designed with the modern investor in mind. The low subscription cost and three different pricing plans allow traders to maximize profits. Still, you would be able to trade comfortably without any worries about money-losing trades or hidden fees.

PROS: 

  • The interface is simple and easy to use. 
  • The platform includes features like price alerts and portfolio analysis.
  • Integrates with several popular exchanges.
  • Good choice for both beginner and experienced investors.

CONS: 

  • Currently supports only a limited number of cryptocurrencies. 
  • Free trials are just for 14 days.

2. CryptoHopper

CryptoHopper is one of the most advanced and professional crypto trading platforms out there. With its unique features, CryptoHopper has won over many traders with ease in executing trades quickly for high profits.

CryptoHopper trading bot enables you to trade cryptocurrencies automatically on various exchanges, including Binance, Huobi, Kraken, etc. If you are looking for a reliable and easy-to-use crypto trading bot, CryptoHopper is the best choice.

You can use it to create your own strategies or purchase a pre-made one from the marketplace. It also offers a simulated trading environment so you can avoid risking capital while you learn. And, if you're feeling confident, you can even use it for live trading. 

CryptoHopper also has a very active community that is always willing to help out. Over this, it also allows historical backtesting, stop-loss, stop-buy and stop-short, dollar-cost averaging - making it the perfect tool for all your cryptocurrency trading needs.

There is a wealth of resources available to help you learn how to use the platform. The team is constantly working to improve the platform and add new features. So, if there is something that you would like to see added, let them know.

The technical analysis tool of this bot is very user-friendly and offers customizable channels. It also provides you with real-time reports, so no need to worry about waiting days for data. The monthly packages range from $19 - 39 but there's a 7-day free trial available if anyone wants it first before making any purchases or commitments.

This trading platform not only offers you a variety of signals but also gives access to over 30 different types of candles. You can trade Bitcoin alongside 75 cryptocurrencies. It's 24/7 and operates around the clock so there are no gaps in your investment strategy whatsoever. It means taking profits at night while other traders miss out on gains due to their lackadaisical work ethic.

PROS:

  • Easy to use even for those who are new to the world of crypto trading.
  • Offers features like pre-made strategies, backtesting, trailing stop losses, and more.
  • Has a built-in arbitrage bot.
  • The platform is always up-to-date.
  • Customer support is excellent and is always willing to help.

CONS:

  • The monthly subscription fee can be quite expensive for some people. 
  • Connected with very few exchanges.

3. Napbots

Napbots is a crypto exchange that uses artificial intelligence and professional traders to offer cryptocurrencies previously only available in the high-end market. It enables traders with no experience in finance or trading to make money off the fluctuating values of cryptocurrencies. With this program, you can choose from different strategies and let AI do all work on your behalf.

Napbots has a team of traders who have been developing crypto-trading strategies for over three years now. In April 2018, they released their first approach to the broader market. Also, 20 more sophisticated techniques have followed suit with basic KPIs that can be updated by human or automated trading signals alike.

When the flagship strategy BTC/ ETH/ USD AR outperforms its underlying by 233 percent over a year, it's not surprising that more aggressive techniques exist to benefit from this success. However, there are many risks involved with such an approach - prior achievement doesn't guarantee future successes.

Napbots is the only bitcoin trading bot with advanced features for experienced traders. The unique thing about it? It allows you to combine strategies, giving your trades more potential wins than if they were placed individually by hand.

The platform provides traders with access to a diversity of cryptocurrency exchanges. It started by giving eight bitcoin trading options: Binance, Bitmex, and others like it are all included in the list at launch. Napbots has three different price options for their services, depending on the level you want to trade at. The plans include an unlimited trading limit of $25k and they are tailored towards everyone's budget.

PROS: 

  • Can help with a variety of tasks.
  • Are usually very affordable.
  • Do not require many skills to use them.
  • Can be used by people of all ages.
  • Can be programmed to do specific tasks.

CONS: 

  • Some people may find them creepy or unsettling.
  • They could potentially injure someone if they malfunction.


4. HaasOnline

HaasOnline is one of the most advanced and well-rounded bots on offer. The company gives you more than 16 different trading strategies with 50 technical indicators to choose from. This makes it easy for any trader looking forward to complicated trades or just wanting some help getting started in this exciting field.

With this trading bot, you will be able to trade over 20 different crypto exchanges including Binance and Houbi. That means there are hundreds of possible pairs for your money. The team is bringing more features to their platform, including programmable script bots and backtesting integration with Telegram apps. You’ll also be able to customize your dashboard in order for you to understand how everything works.

HaasOnline's unique cloud infrastructure allows them to provide traders with quick and reliable market data. Unlike many other companies, they don't just have one API that you can use. Their systems are equipped with redundant sources of historical prices from all over. So, there will never be a problem when trying to get your hands on what has happened in previous trading sessions or even infinity if needed.

HaasOnline is committed to protecting your privacy. They do this by providing a trade server infrastructure that cannot monitor the activity between you and any integrated exchanges. Over this, they are implementing analytics tracking in an intrusive manner which would be unacceptable for most users anyway.

PROS: 

Offers a variety of features and tools.
Can be customized to fit your trading style.
Reliable and user-friendly interface.
Fast order execution.
Supports multiple languages.

CONS: 

Not as widely adopted as other platforms.
Some features can be tricky to learn or use effectively.
Limited customer support options.

5. TradeSanta

TradeSanta's tagline is a clear enough indication that they want to make trading simple. The company has been in operation since 2018 and now boasts more than 25,000 active traders who use their services every day. The platform has 6,400 trading bots which is one of the highest numbers in this industry and offers at least three different templates including "long," 'short', and ‘custom made for your own needs. 

They also provide advanced technical indicators to help you make smart trades as well an exclusive feature called Martingale. This would help if things get rough there's no chance of losing sight of what could've been accomplished with skillful investing techniques.

Trade Santa is a platform that supports trading between investors and exchange providers. It has links to 7 major crypto-trading platforms, so you won't need other sites unless it's your preference not to have stuffy coins on unknown exchanges.

Users of the TradeSanta have access to a filter that shows how much is being traded on any given day. In addition, it’s allowing them not only short trades but also those long. Moreover, there's an indicator for when prices may go up or down based on what traders are doing currently. It means you can make money either way no matter whether their investments going good or bad.

TradeSanta is one of the most affordable brokers out there with plans starting at $14 per month for a free trial version. Other packages include Basic, Advanced and Maximum options that range in price depending on how much trading activity you want to engage in. All containing 2 bots or less than 3K worth total monthly limit each.

PROS: 

  • Can create trade-in minutes without any prior trading experience.
  • The site has a large selection of products.
  • Opens up a global market for your products.
  • Offers protection against scams and fraudulent activities.

CONS: 

  • Small commission fee on all trades. 
  • The site can be slow to respond at times.

3 Common Trading Bot Strategies

The bots are able to implement different strategies depending on what the trader wants. From simple techniques like trend-following or market waiting all of which can be more complex with time-sensitive orders, there is no shortage when it comes down to using these types in your crypto trading bot. The most common three strategies are given below:

Copy Trading

Copy trading is a new and innovative way to trade on the cryptocurrency market. It enables users all over the world, even those without experience or knowledge in finance. These investing strategies have been honed over years of practice with some very sophisticated software tools like AI-based algorithms. You can simply copy others' trades seamlessly as if they were your own.

Trend Following

The market is an ever-changing entity, and as such it's important for traders to stay up on what trends may be going. There are plenty of indicators available that can help you identify profitable markets in your area or even globally across all asset classes. 

Crypto trading bots are a game-changer for traders who want to make money in the market but don't have hours of their time committed. These programs filter trends and movements from thousands or even millions worth of assets. So, you can invest with precision & accuracy without worrying about what is going on elsewhere.

Market Making

To make money, you need capital. That's where Market Making comes in! This strategy involves buying and selling tokens non-stop so that bots can capture any spread between prices. This makes it an ideal way for those without big bank accounts or who are just looking to diversify their investment portfolio with some extra cash flow from time to time.

FAQs

Do crypto trading bots work? 

It depends on the specific bot and the market conditions at the time. However, in general, crypto trading bots can be effective tools if used correctly. By following the right strategies, they can help you make more profitable trades and grow your portfolio.

Are cryptocurrency trading bots profitable? 

This is a difficult question to answer because there are so many variables involved. Some people swear by their bots, while others have had bad experiences and lost money. In general, however, it seems that trading bots can be profitable if used correctly.

Always make sure to do your research and understand how the bot works before investing any money. There are many scams out there, so it's important to be careful. Also, remember that even the best bots aren't perfect. They can make mistakes, so it's important to monitor your trades closely and stop them if they start losing money. 

Are trading bots legal?

It is generally accepted that using bots to trade on financial markets is legal. There are, however, some jurisdictions where the use of trading bots may be considered illegal or prohibited. For example, in China, it is currently illegal to use bots to trade on the stock market. As such, if you plan to use a bot to trade in China, you should first check whether this is permitted under local law.

Conclusion

Bitsgap is one of the most popular cryptocurrency trading bots on the market. However, there are a number of alternatives that may be a better fit for your needs. We have compared Bitsgap to some of its top competitors and helped you choose the right bot for your trades. Each bot has its own strengths and weaknesses, so make sure you pick the one that fits your trading style. Happy automating!

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