BitsGap, found online at BitsGap.com, lets you trade on all major cryptocurrency exchanges in one platform. Find out how it works today in our review.
What is BitsGap?
BitsGap is a cryptocurrency exchange that lets you trade on multiple cryptocurrency exchanges from one convenient platform. Today, BitsGap supports Poloniex, Kraken, Binance, and 12 other major cryptocurrency exchanges.
In total, users can trade 800+ cryptocurrency pairs on the BitsGap platform. The beta version of BitsGap went live in early February 2018. The platform is catered towards beginner investors and experienced traders alike.
How Does BitsGap Work?
The main goal of BitsGap is to give users a transparent, lightning-fast, and secure way to access multiple cryptocurrency exchanges. Instead of individually logging into each cryptocurrency exchange to trade a specific cryptocurrency pair, you can trade everything from your BitsGap dashboard. You can view your BitsGap portfolio to track your profit/loss over time, your holdings, and your acquisitions.
BitsGap also emphasizes arbitrage opportunities. Users can access over 20,000 trading opportunities every second, taking advantage of the price differences between two of the 15 cryptocurrency exchanges listed on BitsGap.
Another unique feature on BitsGap is its demo trading feature. This feature is expected to be particularly popular with beginners. Users can practice their trading skills with no risk. You can setup your own demo funds, then make trades without risking any of your own funds.
Today, BitsGap supports 15 different cryptocurrency exchanges, including Binance.com, Kraken.com, LiveCoin.net, Poloniex.com, Exmo.com, Yobit.net, Therocktrading.com, Wex.nz, Cryptopia.co.nz, Bitfinex.com, Bitstamp.net, and others. More exchanges are expected to be added to the platform in the future.
You still need to sign up for an account on each exchange’s website. Then, you login to each exchange through BitsGap, using your exchange-specific login information. Overall, more than 800 cryptocurrency pairs are available to trade on the platform.
The beta version of BitsGap, launched in early February 2018, will only be made available to the first 5,000 registered users. They’ll be able to use the service for free until the development stage is fully complete. Once the platform is complete, traders will only be able to use the platform on a paid subscription basis. However, those involved in the beta test will receive a free 3 month subscription.
Features of BitsGap
BitsGap emphasizes the following features:
BitsGap has an Extended Validation Secure Socket Layer (EV SSL) certificate that encrypts all transmitted user data. Users can see a green address bar if the website is secured with an authorized EV SSL certificate, which means BitsGap users enjoy enhanced security.
All custom BitsGap applications have a digital certificate for security reasons. Customers should not use any BitsGap client applications unless the application is digitally signed.
Advanced hash (SHA-512) algorithms are implemented to encrypt all passwords on the platform. AES-256 encryption is used to store personal user data.
BitsGap is a cryptocurrency exchange platform that connects to 15 different crypto exchanges at the same time. Users can login to their accounts at each exchange, then simultaneously manage multiple accounts through the BitsGap platform.
The beta version of BitsGap launched in early February 2018. When the team completes the final version of the project, they’ll charge a subscription fee for the platform. Until then, however, the platform is free to use for all beta participants.
To learn more about BitsGap and how it works, visit online today at BitsGap.com.