Bitsgap vs Margin: Which One Is The Bot For You?

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Crypto is the rising asset of our time right now. This industry has shown exponential returns each year, and so crypto trading has become an integral part of modern investing. However, managing crypto-assets can be a torment, particularly for those with a wide variety of trading styles and currencies scattered across multiple exchanges.

Let’s take a look at two of the best of the platforms Bitsgap vs Margin and it will be easier for you to decide what to choose for your business.

Supported Exchanges

Exchanges include some of the biggest ones on the market, which support a lot of different types of cryptocurrency exchanges. As soon as the trading platform is linked to an exchange, you will now be able to purchase and sell holdings.

Supported exchanges Bitsgap

The Bitsgap trading bot works on various crypto exchanges to give you an easier and clearer way to buy these digital assets. There are 25 supported exchanges including Binance, Coinbase, Kraken and others. Think of Bitsgap as a trading terminal that opens up the world of cryptocurrency trading in one single app or interface. 

Supported exchanges Margin

Margin supports many popular cryptocurrency exchanges. These crypto margin trading exchanges support all cryptocurrency pairs. 

  • Binance
  • Bitfinex
  • Bitstamp
  • Bittrex
  • CEX
  • Coinbase Pro
  • HitBTC
  • Kraken
  • OKcoin etc.

Cryptocurrencies Comparison

​​Autotraders often come in many forms, and with all they potentially have to offer, it’s easy to see why so many people choose to use them. If you want to save the time and nerve involved in watching your assets, or increase your chances of making a profit, a good automated trading platform will often be helpful.

Bitsgap

Bitsgap is a trading platform that works by allowing the trader to determine the range and limits for investments, and then he goes ahead to allocate those investments proportionally.

Bitsgap is an easy-to-use and intuitive trading platform.

The Bitsgap team includes trading experts, security experts, and marketers. The project started without an ICO or any other initial investment. The team focuses on developing new features based on the needs they receive from users.

Cointraffic and Admiral Markets are major supporters of Bitsgap.  

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Margin

What is margin trading crypto? At one time Margin used to be famous as the trading robot Leonardo. It was a huge hit and is still a prominent market player today. Back in its early days it was known as Leonardo and was one of the most successful trading bots on the market.

Its user interface became obsolete and the bot was sold to the current owners. There was a new front-end available with many more new features, making it even more popular with the public. Margins makes trading easier with its long list of functionalities and the multitude of exchanges it supports.

Trading Tools

In most cases, there are several things you may want to consider when trying to choose the perfect automated bot for your needs. Some of these tools both Margin vs Bitsgap have their own.

Bitsgap

  • Trading Terminal – top-notch tools help you trade on multiple exchanges using a single interface.
  • Signals – watch out for any market anomalies to make prime trading expertise.
  • Portfolio Tracking – the traders would have a live-generated portfolio that allows them to keep track of what they’re funding and what they’re earning.
  • Automatic trade bots – the Bitsgap offers pre-tuned trade bots that are automatically optimized with the help of machine learning.
Read more:  What Cryptocurrencies are and How They Work

And that’s just the tip of the tip of the iceberg of all the great, out-of-the-box instruments available on the platform.

Margin

Crypto margin trading was designed to be user friendly. The bot is easy to use with tools, and you don’t even need to know programming.

The predefined tools are great for traders with little or no experience, but leave much to be desired for more experienced users.

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Platforms Features

Before buying, it is recommended to understand the features of the program, study the functions, and evaluate the algorithm. 

In the future you will be able to monitor the functioning of the helper, learning all the details about it beforehand. There is no unambiguously best option, it is necessary to choose taking into account the peculiarities of the situation.

Bitsgap Features

  • The interface is organized according to the standards familiar to most traders: there is an area for manual trading, for working with bots, for managing connections to exchanges and viewing statistics. 
  • Trading on the spot and futures is possible. 
  • Demo trading mode with virtual money is available.
  • There is a built-in strategy tester, on which you can run trading robots and analyze their statistics.

At any of the rates Bitsgap provides three types of trading bots:

  • Sbot – a robot that places a grid of orders when the price moves sideways in the medium term.
  • Classic Bitsgap Bot – a grid robot for trading on a bullish short-term trend.
  • Combo Bot is a futures trading robot that combines DCA-strategy and grid trading algorithm.

Margin Features

According to margin.de review there are following features:

  • Easier visual trading 

One of the most incredible features of this bot is its stylish yet clear interface, which is impressively easy to understand and use. The drag-and-drop feature lets you limit orders to new prices or place them as market orders by dragging them to the opposite side of the order book. 

  • Access to other bots 

It gives you access to all the bots available and ensures that the platform remains open at all times. You’ll always find something exciting happening on the terminal. The bots will trade for you all day and night so that you don’t miss any critical action. Even if you can’t get online, you won’t have to worry about it. 

  • Improved analysis with indicators 

You’ll use the technical indicators present on the platform, which will allow you to analyze the market in general. You will make the right choices and avoid any losses thanks to these available indicators. You can also predict future prices of various coins, add that will allow you to plan accordingly. 

  • Fully customizable. 

This will make you feel comfortable working with it. In addition, you can choose what to do with the platform, depending on how you like your crypto margin trading in the USA. 

Pricing Plans & Subscription Structure Comparison

Analysis of market information and trading happens automatically. All you have to do is believe, so that trading goes in your favor and raises profits.

Read more:  Bitsgap vs Shrimpy: Which One Is The Bot For You?

Let’s take a look at the Bitsgap vs Margin comparison plans you can choose to start your business.

Bitsgap

Bitsgap plans range from $29 per month, $69 per month and $149 per month with a free 14-day trial period for any of these plans. 

  • The $29 plan allows you to have 2 active trading bots, unlimited orders and access to grid trading.  
  • The $69 plan allows you to have the same features as the basic plan with the addition of 3 more bots, access to futures bots and trailing exits. 
  • The pro plan expands your access to 20 bots, the same features as previous plans, and automatically takes profit.

Margin

Of course, you want a bot that is easy to use and affordable. Pricing is the factor that sets Margin apart from other companies. Margin charges the customer only once on the first purchase. 

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This one-time fee is very important because it allows users to enjoy the product without worrying about future purchases. It also ensures that users won’t lose money even if they get stuck in a slow market for a while. 

  • At Margin, the starter package costs $129 and allows users to connect to one exchange. 
  • The standard package costs $259 and connects to all margin.de supported exchanges. 
  • There is also a professional plan, which is slightly more expensive and costs $2999. It adds both of these features of the standard and starter packages. In addition, it allows you to use many API keys for each exchange. 

However, you don’t have to make the decision the right way. First, download and use the demo and see which features work best for you.  

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Customer Support

Trading bots can be misleading, especially for novice traders. That is why it is very important to have reliable customer support.

Users should make sure that the developers they choose are reliable. If you don’t do your research, you risk losing your capital or losing your trading account. However, if the platform is chosen and the feedback is set up correctly, the potential gains from trading are limitless.  

Bitsgap

Bitsgap has live chat support. You can also find their blog or contact them by email. 

With Bitsgap, you can count on a great community. They have a presence on a lot of social media and are really active. They also have a blog, which can be helpful, but they don’t have any forum or place for their users to share information. 

Margin

Unlike most cryptocurrency services that do not have customer support, margin trade crypto excels in this regard.

There is a chat box in the bottom right corner of any page on the margin site, where you can contact a support agent, who will either answer you immediately or with a short delay via mail.

Product Security

If these points seem good to you, you should probably take the time to check out the security of the bitcoin robots you are considering for your market. 

Bitsgap

With Bitsgap it’s no software. You don’t need to install anything on your computer. All the bots work in the cloud, and you don’t have to keep your computer turned on all night for it to function.

Read more:  FTX exploiter moves $36.8mil in Ether

Just set it up online and it will do all the work for you.

All accounts and funds will be available through the exchange API, so you can always set permissions to protect your money.

The Bitsgap also uses 2-factor verification. This additional layer of safety is designed to make sure that no one else can gain access to your account, therefore your linked exchange accounts will be protected at all times.

Margin

Most people worry about their safety when using the Internet. There is always the possibility that you will get hacked. Margin keeps your trading account safe by NOT storing your API keys on their servers. You store your keys and only enter them into your copy of the Margin trading terminal.

Your orders are then sent directly to the exchange you trade on, not through Margin’s servers.

This is a big difference from the way this aspect is handled by many other trading platforms, which often require you to register your API keys on their servers. 

Strategies and Profitability

Because of the often unpredictable nature of bots, even the best algorithms sometimes have a hard time making the right decisions as they work to find the most logical outcome. Nevertheless, they can certainly help a person make money – you just need to be aware of the strategies involved in trading.

Bitsgap

Bitsgap most often uses an arbitrage strategy. This kind of cryptocurrency bot works simultaneously on several sites. The task is to purchase cheaper in one place and sell at a higher price in another.

The crypto exchanges do not have a single control center, so the same coin price on different exchanges can vary significantly. This strategy can include work with futures contracts and bring enough profit.  

Margin 

When you choose a strategy from the margin, you’ll know that even if the marketplace is slow for a while, you’ll still get a return on your investment.

The best thing about this bot is that it will allow you to understand more about what is happening in the market. It will activate your activity and mirror any decisions you would have made. This means that you have to do great research so that your actions are planned and strategic. 

Recap: Pros and Cons

There are many advantages to using these platforms, beyond the individual aspects and functions. In addition, some may find that there are a few drawbacks to using them as well. 

For those who want to get the most out of their investments, it often pays to keep an open mind and learn about the good as well as the bad.

Bitsgap

AdvantagesDisadvantages
A platform ships pre-configured with a cryptocurrency bot, which makes setup easy;
More than 25 exchanges are also supported;
A 14-day free trial is offered to help you assess the tools and how it works;
Customers also get excellent customer service support.
The monthly price doesn’t take into account exchange fees, so trading can be expensive;
Bitsgap doesn’t offer comprehensive guides on how its platform works.

Margin

AdvantagesDisadvantages
Simple to use.Gives you 5 built-in bots.
Brings you trading information.
Technological indicators tell you the level of risk.
Makes it easy to set up.
Ships with a Python strategy editor so you can code your own bot.
A seasoned team based in Germany.
It should be run on your computer or on a VPS.
May not have access to other language options.

Conclusion

By researching some of the best options on the market, along with the main pros and cons and general tips, you should have a better understanding of what’s available and whether one of these bots will work for you.

Although exploration is always a good thing, hopefully this brief introduction to bitsgap and margin gives you an edge on your trading path.

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