Founded in 2017 by a passionate team of private traders, security experts, and marketers, Bitsgap is a young Estonian cryptocurrency intermediary platform. Their vision was to develop a versatile platform that enables traders to trade on multiple crypto exchanges simultaneously.
According to the Bitsgap review published by TU analysts, users can access 20 global exchanges, empowering them to adapt to real-time market conditions. Additionally, traders can utilize specialized bots catering to various trading styles and tasks.
Pros and cons of Bitsgap
Traders Union provides a comprehensive assessment of the benefits and drawbacks of using the Bitsgap trading platform.
Pros:
- Over 600 cryptocurrency pairs are available for trading.
- Multiple tariff plans with varying subscription rates, with the option to reduce costs by paying 6 months in advance.
- No trading commissions or additional fees for deposits and withdrawals.
- Bot trading is allowed without extra commissions.
- Integration with more than 20 leading crypto exchanges.
- Access to a 7-day trial version of paid plans without needing verification.
- Utilization of a functional trading platform based on TradingView.
Cons:
- Absence of leverage trading option.
- Lack of a license from a reputable regulator.
- No online chat or phone support is available.
Expert review of Bitsgap
TU experts acknowledge Bitsgap as a unique trading platform that allows traders to combine multiple crypto exchange accounts into a single interface. Here are the key features highlighted:
- Automated trading: By paying a monthly fee, traders gain access to bots that enable the automation of the trading process.
- Extensive trading options: With over 600 available trading pairs, Bitsgap caters to beginner and experienced traders.
- Trial versions: Users can enjoy free trials of any tariff plan for 7 days, allowing them to explore the platform without commitment.
- Custom web terminal: Bitsgap offers a user-friendly web terminal accessible on desktop and mobile devices.
- Advanced charting tools: The platform integrates TradingView charts with 100+ technical indicators, 50+ intelligent drawing tools, and 12 customizable chart types.
Analysis of the main features of this crypto exchange
TU analysts have evaluated Bitsgap across various aspects, resulting in the following scores:
- Overall Score: 5.99/10
- Execution of Orders: 6.41/10
- Investment Instruments: 6.05/10
- Withdrawal Speed: 6.35/10
- Customer Support: 5.83/10
- Variety of Instruments: 6.57/10
Top alternatives to Bitsgap
TU analysts compare Bitsgap and other brokerages. Here are some examples to help traders choose wisely:
Bybit
Bybit is a popular cryptocurrency derivatives exchange known for its user-friendly interface, advanced trading tools, and features like leverage trading. It offers a range of perpetual contracts for various cryptocurrencies.
OKEx
OKEx is a leading cryptocurrency exchange platform offering a wide selection of trading pairs and futures contracts. It provides advanced trading features, robust security measures, and a global user base.
Binance
Binance is one of the largest and most reputable cryptocurrency exchanges globally. It offers a vast range of trading pairs, including spot, futures, options markets, and its native token BNB. With its user-friendly interface and robust security measures, Binance has gained popularity among both beginner and experienced traders in the crypto industry.
Huobi Global
Huobi Global is a well-established cryptocurrency exchange offering diverse trading pairs and services. It provides a secure and intuitive trading platform, including spot, futures, and margin trading.
KuCoin
KuCoin is a cryptocurrency exchange known for its extensive range of altcoins and low trading fees. It offers various trading features, including spot trading, margin trading, and staking options.
Additionally, TU experts have recently published a CoinSwitch Kuber review on their website for traders. CoinSwitch Kuber is a cryptocurrency exchange based in Bangalore, India. It was founded in 2017 and now has over 7.5 million users.
Conclusion
Bitsgap offers a unique platform for cryptocurrency traders to access multiple exchanges and utilize specialized bots. While it has its pros, such as a wide range of cryptocurrency pairs, no trading commissions, and a functional trading platform, some drawbacks exist, like the absence of leverage trading and a license from a reputable regulator. For more detailed information, visit the Traders Union website.
Adedapo Adesanya 
Modupe Gbadeyanka