Bitsgap is a popular currency exchange which integrates stop loss in all bots. A trailing stop loss closes all open orders when the price reaches the preset stop loss amount, thus allowing you to maximize your profits. You can also set a trailing take profit function, which will keep on opening new orders beyond the top of the grid. As the price of the market moves upwards, the grid will be pushed upwards as well.
Bitsgap supports more than 30 cryptocurrency exchanges globally. The service doesn’t charge users any extra fees for depositing, trading, or withdrawing funds. Additionally, Bitsgap offers its users a number of automated trading bots, which allow them to take a passive approach to cryptocurrency trading. The DCA bot, for example, helps you navigate through bullish and bearish market conditions, while the Grid Bot focuses on the smallest price fluctuations.
Unlike many other cryptocurrency exchanges, Bitsgap doesn’t hold customer funds. Instead, it uses API keys to connect users to their funds. Users have the added security of knowing that they’re not compromising the safety of their funds, which is essential when dealing with a foreign exchange. Furthermore, Bitsgap uses high-end 2048-bit encryption to protect their customers’ funds. This means they can use 2FA (two-factor authentication) to protect their accounts against fraudulent activities.
The basic account includes all of Bitsgap’s standard features, including a trading limit of $25,000 and access to cross-exchange portfolio. Moreover, the basic account offers demo trading, two active automated trading bots, and more. The advanced account allows users to trade up to $100,000 each month and has advanced features, such as Bitsgap arbitrage services. The advanced account also provides more powerful tools for the advanced trader, including a grid trading system.
Traders who want to use the Bitsgap futures bot should have some knowledge of futures markets, as they can buy perpetual contracts using borrowed funds. The futures bot provides the necessary tools to participate in the futures market, increasing profits exponentially. Users are required to pass a quiz to ensure they understand the risks associated with the futures market.BITSGAAP futures bot allows users to manage their risk with multiple features and a lower price risk.
The Bitsgap trading interface allows users to view and manage their entire portfolio. The trade area includes an interactive chart screen and recent trades. You can also track open positions and view the history of your trades. Bitsgap also offers trading orders like Stop-Loss and Take-Profit Orders. These options can be used to hedge a position using Binance Futures. Besides, the platform allows users to filter their orders by exchanges.
Bitsgap offers demo accounts to its users. Demo accounts are provided with simulated funds for beginners to help them learn how to trade and test strategies. These demo accounts also include live market data and all major standard features, including Crypto Trading Bots. This is a great way to learn more about the Bitsgap platform and whether it’s right for you. You’ll find it difficult to choose between the two!