Bitsgap ReviewBitsgap is a great way to profit from the small price fluctuations in your chosen crypto coin. The bot sets up a grid of horizontal lines and buys low and sells high as the price line falls and rises across the grid lines. So as the crypto coin price 'wiggles' you make lots of little small profits which add up over time.
Your crypto stays on your exchange (Binance recommended) it is never held by the bot. Instead you grant the permission only to buy and sell the coin within the limits that you have set up.
Here is the Trustpilot reviews page for Bitsgap:
at the time of writing the score is 4.3 out of 5 (Excellent) which is the average score from 235 reviews.
There is a 7 day free trial and then a 25 euro per month charge. This level allows you to set up 2 bots. Although the coins I went down dipped down in value the actual bot profit continue to rise and easily exceeded the monthly fee.
I have tried out the Support by asking a few clarification questions and the response was helpful, friendly and professional.
Their AI recommends some currency pairs to select such as LUNA/USDT or you can choose your own based on your own research and preferences.
You can backtest the pair with one click to see what percentage of profit the bot would have made for you during the last days and month. Of course this does not guarantee future performance but it can be a useful indicator. You can also switch to demo mode and create a few bots with virtual money at no risk. This is a good idea and helps to understands what the service is capable of.
Mose coin pair and grid set ups ideally need about $3000 in your account to trade with. That gives you a lot of grid lines and offers the most potential profit. However you can still profit well from an account of $1000 or less. It just means that your grid will not have as many lines or be as big.
You can stop the bot at any time but it is best to stop when the asset has risen. You then have extra resources to open up a new bot or withdraw the profit from your exchange to your everyday bank account.
The Pro plan has some additional features which you can explore later on.
Does Bitsgap have a Referral Programme?
Yes, once signed up you can answer their refferal programme as I have. Invite your friends and earn a 30% commission from their every purchase.
All referred users will be upgraded to the PRO plan during 7 days of a free trial.
Overall, I highly recommend Bitsgap and rate it 8.7 out of 10.
Disclaimer: This is an honest review but I am not a financial adviser. Please do your own research and proceed carefully.
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