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Top BitsGap Alternatives for Crypto Trading
In front of the rise of crypto trading platforms, deciding which is better for you as a trader at a certain skill level and specific needs and goals might be a tedious but necessary task.
The most popular Bitsgap alternatives you should consider are:
- Altradyy
- 83Commas
- WunderTrading
- CryptoHopper
- Tradingview
- Coinigy
Instead of going into what each platform offers, this article delivers a guide on why you should look closely at Altrady to boost your trading performance and work more effectively as a professional.
Altrady: Beyond The Horizons of Bot Trading
For sure, most beginner traders will find a bot trading offering more than convenient, which is what Bitsgap primarily promotes among its crypto trading features. Altradyy goes a step further and attempts to deliver a broader trading experience to fuel the performance of professionals but also novices.
Automation plays a core role in Altrady's commitment to enhancing efficiency amid the typical crypto market volatility and sharp price fluctuations. Born into an algorithmic background, this platform clusters straight but robust trading systems based on signal bots and QFL (QuickFingerLuc strategy) quantitative models to identify trading bases in the market likely to present price rebound opportunities.
The automation approach extends toward a set of Smart Trading features streamlined to manage opened trades effectively with trailing stop-loss and multiple take-profit targets. Moreover, these features enable traders to protect positions from typical stop-hunt moves that can turn a profitable trade into a losing one or get a trader out from a position early, for example, during a false breakout, just for the price to take back later the forecasted direction.
Additionally, high-frequency trading techniques such as scalping take protagonism via the Quick Scanner, which seek for rapidly rising and dropping markets, getting traders notified on alerts when a potential market condition matches the rules established for the scanner.
From all the above, we can unveil how Altrady tries to assist operators in one fundamental trading procedure: intraday strategies. However, mid-term traders and investor-type profiles can also find assistance. This way, we can explore the tools deployed by this platform for short-term and long-term trading.
Altrady's Short-term Commitment
Day trading is a market approach that this platform acknowledges as essential for traders, a case that leads Altrady to furnish a trading terminal tailored for smoothing the trading experience through diverse mechanisms for managing position size, choosing within different order types, and plotting technical indicators thanks to its integration with Tradingview.
In addition to this segment, we can highlight the following functionalities:
- Real-time positions PNL and order book.
- Signal Bot and Grid Bot trading.
- Watchlists and alerts.
- Tradingview charting tools and indicators.
Altrady's Long-term Prospects
The mid-term methods like swing trading and, more specifically, the investor profiles are not far behind in finding a seamless feature such as the portfolio manager that allows tracking multiple exchange accounts at the time that measures the value performance across the assets distribution and plots analytics about the growth and health of the whole portfolio.
In addition to this segment, we can highlight the following functionalities:
- Market explorer.
- Multi-chart analysis.
- DCA Bot Trading.
- Multi-exchange connection and sub-accounts management.
Discovering Possibilities while Seizing the Features of Altrady
How can traders of all skill levels benefit by using Altrady's crypto trading terminal? Well, following the ideas described above in the short-term and long-term sections, we can unveil two cases for professional trading:
- Managing client's accounts: Single traders can become portfolio managers for third-party clients by employing subaccounts across the multi-exchange connection.
- Developing simultaneous strategies: By leveraging signal bots that work for spot and futures markets, traders can implement swing trading and intraday approaches. Likewise, by using the Quick Scan, scalpers can find fast price changes and make profitable trades.
Professional trading involves merging those two cases into a broader trading system that permits navigating the crypto market throughout its different cycles, which, as an ultimate possibility, ensures advanced risk-capital management.
Accomplishing such a goal may require further attributes that guarantee growth and consistency. Let's explore some.
Risk-Reward Calculator
Altradyy provides a calculator to manage risk with precise data about the account and its holdings. It does not just perform over the position size of a trade idea but covers a broad calculation across the portfolio equity, account equity, fixed amount, and currency balance.
Paper Trading
Easy and potent, paper trading allows traders to test new trading strategies while conquering the application of current ones. Altrady focuses on providing a risk-free environment where to learn and gain experience.
Trading Analytics
Finally, a broader set of analytics keeps up with the evolution of PNL and progress on the efficiency of strategies implemented in each managed account. Moreover, this feature helps traders understand the account growth by markets traded and assets in holding.
Recap: Why Picking Altrady As The Best Alternative
- Advanced Automation: As explained earlier, Altrady converges a wider offering regarding automated trading, from quantitative market scanning to algorithmic trade execution, while protecting positions with pre-setted up SL and TP orders.
- Short-term and Mid-term Trading: The platform realizes the importance of day trading for consistent profits and streamlines a terminal for intraday strategies. Likewise, swing traders can find seamless options to spot mid-term trade opportunities.
- Long-term Investment and Portfolio Management: Experienced users can leverage the portfolio manager to develop investing strategies while connecting several exchange accounts and managing subaccounts simultaneously. Ultimately, they could craft a management offering for their clients.
Conclusion
The realm of crypto trading platforms seems full of alternative options for starting a trading journey. Which options represent an assertive choice for beginner traders and professional investors? Altradyy places an all-in-one proposal over the table that, ultimately, overrides the offerings of platforms like Bitsgap when seeking a professional trading objective is all about.
Altrady is a crypto trading platform with multi-exchange integration features where beginners and professional investors manage assets across multiple accounts simultaneously, seizing algorithmic, automation, and bot functionalities. Sign up for a free trial account today.
