What is Bitsgap?

Bitsgap is a universal trading platform where users can easily operate 15 different exchanges through one convenient interface. The platform is equipped with various tools and features that help users maximise the value of their trades, manage portfolios and automate strategies.

With easy navigation, multiple exchanges in one interface and a suite of trading bots, it is a great choice for new and experienced traders. Bitsgap offers a range of services for simplified crypto trading and provides access to a number of analytical tools to help traders make informed decisions, such as:

• Technical analysis: candlestick charts, moving averages, Bollinger Bands and other tools;

The introduction of the TradingView tool into the platform, which is also available on the WhiteBIT platform, allows Bitsgap to be an effective and multifunctional tool for technical analysis.

• Price alerts: monitor market changes in real-time;
• Portfolio tracking: track your investments on multiple exchanges at the same time;
• Trading statistics: profit and loss statements, trade history and more;
• Testing on historical data: analysing the potential performance of strategies in the past;
• Market sentiment analysis: analysis of market trends and sentiment.

The service also offers three payment plans: 

• Basic,
• Advanced
• Pro. 

Each plan contains varying levels of functionality and services, with Pro being the most comprehensive. The Basic plan is ideal for beginners who are just starting, while the Pro plan is suited to advanced traders.
The service also provides access to the Demo-version, with 10 active trading bots and unlimited manual trading. 

Trading bots on Bitsgap

Cryptobots (or crypto trading bots) automate the process of monitoring market price movements, executing trades based on precise market conditions and algorithms defined by the user.
Bitsgap offers a range of trading bots that automate the trading process. Users can choose from a range of pre-built bots or create their own custom bots using the platform’s visual editor. The bots can be set to trade based on various indicators, such as moving averages, MACD, and RSI.

The platform provides the following types of trading bots:

• GRID bot based on a simple grid crypto trading strategy, designed to take advantage of market fluctuations;
• DCA (Dollar-cost Averaging) bot is used to divide investments into several price levels in order to get the best average entry price;
• BTD (Buy the Dip) bot employs the popular strategy of the same name, allowing users to earn and hold crypto in the falling market.
• COMBO/Futures bot for trading futures contracts. It is a powerful crypto trading bot that combines both GRID and DCA strategies to get the most out of crypto futures.

Types of trading on Bitsgap: live and demo trading

Bitsgap offers both live and demo trading, with many customizations to help traders refine their strategies. Live trading includes a bunch of smart features that allow users to automate their trades based on predetermined conditions and set desired Take Profit and Stop Loss levels. When the market reaches these levels, the trade is automatically executed. This is particularly useful for those who have a specific trading strategy.

The demo trading feature, on the other hand, allows users to practice trading with the actual data without risking their funds. The demo trading feature, on the other hand, allows users to practice trading without risking their assets. This is an excellent feature for beginners who want to gain experience trading with virtual funds before trading for real assets.

Connecting with Bitsgap

1. Log in to your account on the exchange;
2. Go to the API section: find it in your account settings in the upper right corner of the exchange's main page;
3. Create API keys by clicking on the Generate a new key button.
4. Verify the API generation by entering the 2FA code from your authenticator app. You can enable 2FA in the Security section of the Settings page.
5. Copy your API key and Secret key Paste the API info somewhere safe and then enable the “Endpoint access restrictions.”
6. Set the appropriate API key accesses: edit your permissions as below.

These restrictions will allow Bitsgap to read your history and current balance and make transactions in your exchange account:

• Trade balance and order history — on;
• Wallet balance and history — on;
• Order management — on;
• Deposit — off;
• Withdrawal — off;
• Balance transfer — off;
• Codes — off.

Apply the changes and enter the 2FA code once again.

7. Log in to your Bitsgap account and click ‘Add new exchanges’ on the ‘My Exchanges’ page to connect our exchange.
8. Select our exchange in the list: specify your API key and secret key and click ‘Connect’. 
9. Check the connection If you’ve done everything correctly, you will see our exchange added to the list of your connected exchanges with the Connected status and the trading balance available on your account.

Now you can use Bitsgap to trade on our exchange and simplify the implementation of strategies with multifunctional tools. Have good trading!

Support

In case of any questions related to the functionality of our exchange, you can:

• Leave a request on our website;
• Write to the support email: support@whitebit.com;
• Write to the chat using the button in the lower right corner of the screen (in the upper right corner of the WhiteBIT app, click ).