The financial industry has changed quite radically in recent decades. The Internet and other innovations have not only helped increase the availability and speed of trading, but have also changed the way we trade. You no longer have to call your broker and tell him which stocks to buy or sell.
Did you know that the basis of all trading in world markets today is algorithmic? Special trading bots manage positions both for beginners and professional traders. Of course, there is an abundance of cryptocurrency trading bots.
Among them are Bitsgap and HaasOnline.
In this guide we will try to compare the two bots HaasOnline vs Bitsgap and decide why people use them and how you should choose. After reading this guide, you will be fully prepared to make choices and automate your trading experience, thus increasing your chances of success in the markets.
Supported Exchanges: Bitsgap vs HaasOnline
Like most cryptocurrency trading bots, these two platforms aim to include more trading bots over time.
Bitsgap supports over 15 cryptocurrency exchanges with its API to give its customers a variety that helps them diversify their investments and reduce risks. Interestingly, the exchanges include some of the biggest names in the industry like Binance, Coinbase Pro, Bitfinex, Huobi, OKX, Bybit, and KuCoin. This is more than what is offered on Zignaly but less than Cryptohopper and Coinrule.
With Bitsgap’s auto-trading platform, users can trade across all exchanges simultaneously. This opens the door to endless trading pairs that can be bought and sold using crypto bots. Although, setting up an API for each exchange can be time-consuming.
HaasOnline offers its customers a number of different exchanges it supports, including Binance, Bitfinex, Coinbase Pro, BitMEX, Bittrex, Bitstamp, Gemini, Deribit, Kraken, OKCoin, OKEX and others.
As a result, you’ll be able to make exchanges with all of these coins or one at a time, depending on what you prefer.naughtycrypto.io
Let’s move on to a more detailed HaasOnline vs Bitsgap comparison. Bitsgap is an automated cryptocurrency trading bot platform that connects globally known crypto trading exchanges using APIs, founded by Max Kalmykov. According to a Bitsgap review, the platform provides a compact platform for crypto-dealing and portfolio control. It entered the cryptocurrency trading marketplaces in 2018.
The world’s most sophisticated cryptocurrency programming language, HaasScript, was created by HaasOnline bot. With HaasScript, you can develop intricate automated trading algorithms and technical indicators, produce and decode signals, and much more. HaasOnline tutorial decides at its own discretion whether the report is suitable for rewards.
The Bitsgap trading platform offers many automated trading tools such as:
- Crypto Trading Bot.
- Grid Bot.
- Dollar Cost Averaging (DCA) bot.
- Advanced trading tool
- Trading Signal
- Portfolio Tracking
- Spinner Modes
Automated trading has become the choice among investors, sparing them the perils of manual trading.
Listed below are the tools offered by HaasOnline.
- TradeServe Cloud
The entire copy-trading toolkit is always connected and ready to process signals from a variety of sources while making trades.
When comparing the characteristics it should be noted the following indicators.
- Ready strategies
The Bitsgap trading bot provides you with ready-to-use strategies. You can choose the best of a number of predefined strategies based on successful backtest results.
- Performance analytics
The trading bot has an interesting Performance Analytics feature. It gives you a detailed understanding of your results with full statistics of your bot.
- Free Demo Mode
The bot has additional “Free Demo Mode” smart order trading features that offer you the opportunity to improve your trading skills in a risk-free demo environment before investing real money. Just log into your demo account access and everything will go smoothly with numerous attempts to create new strategies.
For those wondering, how does Arbitrage work? Well, it’s the merging of trades obtained by using the price difference of a similar trading pair between two or more crypto exchanges. It is very profitable whenever an arbitrage opportunity presents itself to a trader.
HaasOnline has several key features that make copying easy and help users learn the system before becoming a trader on this great platform. Profits from the site are not limited to just using the bot.
Listed below are the key features of the HaasOnline trading server:
- Bot for cryptocurrency trading
- Exchange integration
- Backtesting and paper trading
- HaasScript Editors
Pricing Plans & Subscription Structure Comparison
Finding an affordable platform is not always easy. This is especially true for novice traders who need a simple interface for regular trading and can’t afford too much time and finances. That’s why you should start by familiarizing yourself with the prices they offer.
Bitsgap offers special pricing plans. These are Basic, Advanced and Pro; instead of standard payment methods, you can also use digital currencies to pay for your Bitsgap subscription.
- The Basic plan for $24 per month. (Grid and DCA trading bots only).
- Advanced Plan for $57 per month. (Five active trading bots, including Grid Bots, DCA Bots and Future Bots).
- Pro Plan for $123 monthly (Access to 20 Grid trading bots, 10 DCA trading bots, futures bots and Bitsgap trailing bots).
That said, if a trader signs up for six months in advance, the subscription plans are mitigated, unlike many platforms that offer competitive rates.naughtycrypto.io
Unfortunately, the web platform is not free to use, which usually affects novice users.
Nevertheless, it offers good plans for users:
- Their “Beginner” plan is offered for three months. With it, you’ll get 11 insurances and 10 protections.
- The Simple plan is also offered for three months, and you get 13 insurances, 20 safes, and 40 indicators in addition.
- The Advanced plan for a three-month license includes everything else the other plans offer, as well as access to all the bots and features it supports.
You’ll get a discount if you sign up for six months or more.naughtycrypto.io
Customer Support: Bitsgap vs HaasOnline
It’s best to choose something that will save you time and nerves so you don’t have to worry daily about the success of your deals. That’s what customer support is for. Let’s take a look at how these two bots have it.
Bitsgap tries to offer the best support and service to its customers. It offers chat support to its users right from the platform. The support representatives are professional and courteous, offering support and investment advice whenever it is requested.
In addition to this service, the Bitsgap site also provides information about different types of products, trading methods, pricing plans, affiliate programs, affiliate contests, payment methods and more.
According to HaasOnline bot review customers have access to live chat and a bonus system to help users. Regardless of the plan, everyone is offered support.
Like most competitors, HaasOnline arbitrage bot doesn’t offer help by phone and chat is sometimes unavailable.
But they do offer support in the form of documentation and Q&A, so users can resolve their questions very easily.
Read more: Bitsgap vs Classic bot: Which One Is The Bot For You?
Safety always comes first! But what is known about the approach to security and privacy of these platforms?
Security of Bitsgap
Bitsgap takes security very seriously. They use complex passwords, Hardware Security Keys/FIDO2 as a two-factor authentication (2FA) method, and RSA 2048 encryption to protect all user data, from login attempts to a stored unique API key. These features of Bitsgap make it safe and secure.
Security of HaasOnline
Although Haasonline is a bit difficult to use, it is useful with respect to security and its key features. Consequently, yes, it is trustworthy.
It runs on secure servers and recommends that traders stick to the API for their funds. This minimizes the antics of malicious parties.
As an additional security measure, haasonline review also recommends that users activate two-factor authentication (2FA) for their account.
Strategies and Profitability
When explaining what a cryptocurrency trading bot does and why people use them, it’s worth looking at the strategies often used by bots. You can look at a trading bot as an ordinary trader. It has its own set of skills, trading strategies, size limits, risk limits, and other aspects. On this point, it is important to understand that every trader is different. One may specifically engage in basic trading techniques such as horizontal support lines, trend lines and Fibonacci retracements. The other may trade exclusively Ichimoku clouds and RSI.
But are these bots profitable?
Bitsgap is a paid tool. One of the ways they make money is by offering subscriptions to their bot. Traders can look at the pricing model for their own research and compare it to different exchanges and trading bots.
The team has developed proprietary insurance assurance algorithms that will be applied to the platform. Combined with advanced technical indicators and a history testing feature, they will help develop an effective trading strategy. In this way, it will give a good level of profitability.
Recap: Pros and Cons
Bots that provide some sort of passive income, if properly configured, have their pros and cons. To make no mistake about anything, it is recommended to learn and compare them at once.
Signals to trigger cryptocurrency bots;
Options to edit the range of your grid bots;
No withdrawal fees.
|Monthly bot subscription fee.
|Profitable business for crypto traders with highly profitable;
Great customizable dashboards and providing advanced scripting knowledge;
Excellent security, profitability, and a cloud-based trading server with lots of features;
Haasonline offers AI robots;
Supports, buys and sells many popular exchanges.
|It is difficult for beginners to trade because there are no trials;
AI exchange trading tools cannot be used by beginners;
Cryptocurrency trading bots are a bit pricey.
The final review of the platforms is that these are two reliable and profitable cryptocurrency trading platforms with many features that attract experienced and inexperienced traders worldwide. Easy setup and integration, support for many cryptocurrency exchanges technical indicators, and a wide range of bots for cryptocurrency trading give them an edge over the competition.
Bitsgap will allow you to manage your balance on multiple exchanges linked to it, track open positions and view trading history, giving you more control over your portfolio. In addition, Bitsgap allows you to experience a risk-free demo mode, discover and experiment with fully automated trading bots.
The Haasonline Trading bot is still a good software for trading automation. The fact that its interface still remains complex for a new trader’s comprehension and, at the same moment, it lacks some significant features for successful trading.
Thus, if the concept of regular machinery and extensive settings doesn’t intimidate you, HaasOnline may be a great answer to your demands for day-trading.