Profit from every market movement

The Bitsgap Bot is a great ally in a fluctuating market - when the price moves the algorithm will automatically set Buy and Sell orders when there is a best opportunity to make a profit.

Connect your exchanges and simply let the system do the hard work. Check your bot performance in Demo mode or Backtest for free before making investment decisions.

Features

Smart strategy design

Create your bot trading strategy with just a few clicks.

Test before investing

Backtest will demonstrate how your settings would respond to profit and loss.

Ready-to-go strategies

Select from predefined strategies based on successful backtest results.

TradingView charts

Assess your bot performance with the fast TradngView charts.

No downloads needed

With cloud-based online service the platform is always up-to-date.

Safe & secure

Your funds are kept on the exchange balance at all times.

FAQ

Unfortunately no - if the price rapidly rises or falls, the use of a bot becomes ineffective, and in some instances unprofitable. The bot is most effective if used in a swing or neutral market.

Yes. You can find step-by-step instructions in the How to create a new Trading Bot? article.

Taking the BTC / USDT as an example, if the price breaks the upper border of your bot, then all BTC will be sold and you will be left with realized USDT.

If the price crosses the lower border, then all of the buy orders for BTC will be fully executed. The bot leaves sell orders in the designated range for the price to come back.

In both scenarios, the bot becomes idle and will resume its activity when the price returns to the accepted range.

There are no concrete indications for the best trading pairs, or 100% effective price ranges.

You want to choose a pair with strong trading volumes, and sufficient volatility for the price range where you want to run the grid. Bitcoin, Ethereum, Litecoin and Ripple are mostly used for launching a cryptocurrency trading bot.

The balance between the number of grids and price range is the key to successful bot formation. Use the backtesting service to estimate the potential returns.

The number of grids in your price range will directly affect the % earnings for each grid. Determining the optimal amount depends on your trading style and budget.

If you prefer to complete frequent trades with small profit % and guarantee the probability of filling orders - then increase the number of grids.

In case your budget is limited or you want to receive more profit % per grid at the costs of lowering the chances of your orders get filled - then decrease the number of grids.

For the best results, we recommend adjusting your profit per grid between 0.5% and 2%.

The profit is generated from a price action within grids. The profit per grid is a % price distance between adjacent grids minus 2 times one-side transaction fee.

For instance, if the price distance between two adjacent grids is 0.5% and the exchange's one-side transaction fee is 0.1%. Because we fill one buy and one sell order we are losing 0.2% as exchange fee. As a result, the profit per grid is 0.3%.

Once you have decided to remove the bot all related open orders will be canceled as well.