Website Review: SCAM or PAYING?

Bitsgap.com ReviewSCAM or Paying?

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Bitsgap.com ReviewSCAM or Paying?

Summary

User Management/Design: Custom build design and code
Company transparency: Transparent and Legit
Site security: EV-SSL/Dedicated servers/Firewall
Deposit options: VISA, Mastercard, PayPal, Bitcoin, Litecoin, Ethereum, and 50+ Altcoins
Affiliate: 30% on subscription
Withdrawal: Min. $25USD
Investment: N/A
Profit: N/A

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User Review
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Arbitrage program – Status: PAYING

pros

  • Ease of Setup
  • Offers a multi-currency wallet
  • Supports multiple exchanges
  • Multiple Payment Options
  • No fees deducted from the trades

cons

  • None

Bitsgap.com is an Estonian company and their registration number is 14004763. 

  • Address: Bitsgap Holding OU.
  • Rotermanni tn 18, 10111, Tallinn,
  • Estonia

Bitsgap is a multi-exchange trading platform offering advanced charting, semi-automated arbitrage interface, as well as comfortable solutions for managing your crypto portfolio from one place.

It was started by a team of security experts, traders, and marketers with an aim to offer a global platform to the crypto community for managing crypto efficiently. They have claimed that each dollar that was utilized to develop the Bitsgap platforms came from the pockets of the founders. 

Bitsgap is a platform that offers multi-exchange trading along with an advanced and semi-automatic arbitrage interface. A user can easily manage their crypto portfolio from one place through Bitsgap. 

They haven’t raised millions of dollars from the investors and nor have they conducted an ICO so far. The current CEO of Bitsgap Holdings is Maxim Kalmykov. 

Pricing: 

They offer four pricing plans to its customers and these are free, basic, advanced, and pro. 


1. Free Plan

Free to use and no fees

It comes with all features of the standard plan. However, there is a $1000 month trading limit imposed on the free plan. 

2. Basic Plan

Price: $19/Month or $15 per month if billed annually 

The basic plan offers all standard features. It offers benefits of an unlimited number of exchanges, a higher monthly trading limit ($25000), 2 active trading bots, trading signals, portfolio, extended order types, and demo trading. 


3. Advanced Plan

Price: $44/Month or $35 per month if billed annually 

The advanced plan offers all standard features. It also offers the benefits provided in the basic plan. However, with advanced plans, the users can trade up to $100,000 a month and it also comes with up to 5 active trading bots. 

4. Pro Plan

Price: $110 /Month or $88/Month if billed annually 

The arbitrage option is only available in the Pro plan. The Pro plan offers all the benefits that are provided in the advanced plan. However, the Pro plan offers unlimited trading and 15 active trading bots. 

Bitsgap.com ReviewSCAM or Paying?

Affiliate:

Bitsgap.com offers an affiliate program to invite your friends and earn a 30% commission from their every purchase. All referred users will be upgraded to the PRO plan during the 14 days free trial.

Conclusion: 

If you are looking for a good arbitrage platform then Bitsgap will prove to be a pretty good choice for you. The Bitsgap platforms undertake fast calculations (6 ms) and offers 1-click arbitrage to their customers. 

Their platform is built on an interesting premise. It allows users to trade on multiple exchanges through a single interface. Bitsgap’s idea behind this feature is that the users will be able to access all their accounts via API keys and thus, it will enable them to make profits through quick arbitrage. However, it hasn’t proved so impressive to the Bitsgap users so far. 

The Bitsgap team hasn’t provided any information about margin as no crypto exchanges provide such information. Hence, Bitsgap too isn’t able to utilize such information in their platform. We also believe that Bitsgap is not made for aggressive trading. Users have also complained about being overwhelmed by the Bitsgap interface. 

It is also found that the Bitsgap team has access to your API. Hence, we suggest that you understand the principles of APIs in depth before opting for Bitsgap. Overall, we believe that Bitsgap is a credible company but it has a fair share of disadvantages that may dissuade a user from choosing it. Since they offer a free plan and if you understand the APIs principle there is nothing wrong to give it a try.

Disclaimer: @hashant has no connection to the sites we performed reviews and has not invested in any of the sites we perform a review on and we will never endorse or recommend you to invest in any of this sites. A review is made to help you find a good site among the many. Still, there are no guarantees that the site will perform well over time or are truly legal.

You can ask us to make a review on a particular website. To do so please leave a comment and the site URL on our suggestion page.

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