3Commas vs Bitsgap Reviewed: Which Trading bot is Better? 

3commas is better than Bitsgap due to more trading strategies, highly customizable, 18+ supported exchanges, and low monthly subscriptions.

Are you tired of constantly monitoring the ups and downs of the cryptocurrency market? If so, trading bots might just be the solution you’ve been looking for. Two popular trading bots, 3Commas and Bitsgap, have been making waves in the market with their unique features and capabilities. But which one is the best fit for you?

In this article, we’ll take an in-depth look at 3Commas vs Bitsgap and compare their key features, pricing plans, ease of use, customer support, and more.

We Recommend: Best Crypto Trading bots

arbitrage scanner

Best Manually Customized Trading bot

  • 75+ CEX and DEX cryptocurrency exchanges
  • Support over 300,000 crypto coins and 50+ DEX coins supported
  • Insider information on where it is profitable to buy and sell tokens
  • Free training and cases for clients of service
3commas

Proven Success Rate with 1M+ Users

  • 16+ Exchange support
  • Crypto-signals in Telegram
  • Trading view Integration
  • DCA, GRID, options, HODL, Smart trading bots
  • Marketplace to buy automated trading strategies with success rate

3Commas vs Bitsgap: Comparison

Point3commasBitsgap
Launched Date🚀 2017🚀 2017
Headquarters🏢 Estonia🏢 European Union (EU)
Active Users👥 Over 1 million👥 Over 500,000
Type💻 Trading Bot and Portfolio Management Platform💻 Trading Bot and Portfolio Management Platform
Scam or Legit?🕵️‍♂️ Legit🕵️‍♂️ Legit
Best For💰 Experienced Traders and Investors💰 Beginner and Experienced Traders
Operating countries🌍 Worldwide🌍 Worldwide
Supported Exchanges📈 18 Exchanges including Binance, Coinbase Pro, Kraken📈 15 Exchanges including Binance, Bitfinex, HitBTC
Types of trading bots🤖 Grid, DCA, Option, Futures, and Smart Trading Bots🤖 Grid, DCA, Arbitrage, and Tradingview Bots
Payment Method💳 Credit Card, Bank Transfer, and Cryptocurrencies💳 Credit Card, Bank Transfer, and Cryptocurrencies
Pricing💰 Starting at $15 per month💰 Starting at $23 per month
Extra Trading Fees💸 No extra trading fees💸 No extra trading fees
Mobile App📱 iOS and Android📱 No
Paper Trading (Demo)📝 Available📝 Available
Backtesting with Strategies📊 Available with advanced analytics and reports📊 Available with advanced analytics and reports
Customer Support📞 24/7 customer support via live chat and email📞 24/7 customer support via live chat and email
KYCNoNo
3Commas ReviewBitsgap Review

3Commas Overview

3commas bots

3commas is a trading bot platform that allows users to create and customize automated trading strategies. Traders can use a wide range of indicators and signals to create their strategies, and they can backtest them to see how they would have performed in the past.

In addition to its trading bot features, 3commas also offers a variety of other tools to help traders manage their portfolios. For example, users can set up stop-loss and take-profit orders, track their positions in real-time, and use advanced analytics to gain insights into their trading performance.

One of the key benefits of 3commas is its integration with a wide range of cryptocurrency exchanges, including Binance, Bitfinex, Coinbase Pro, and many others. This allows traders to easily connect their accounts to the platform and start trading right away.

Features of 3commas

  1. Automated Trading: 3Commas allows users to automate their trading strategies across multiple cryptocurrency exchanges.
  2. Smart Trading Terminal: The platform offers a customizable trading terminal that supports advanced trading tools such as stop loss, take profit, trailing stop, and more.
  3. Trading Bots: 3Commas offers a variety of pre-built trading bots that can be customized to fit specific trading strategies.
  4. Portfolio Management: Users can track and manage their cryptocurrency portfolios on the platform, including real-time profit/loss calculations.
  5. Signals: 3Commas offers an extensive library of trading signals from third-party providers, which can be used to inform trading decisions.
  6. Risk Management: The platform includes risk management tools such as portfolio rebalancing and automated stop loss/take profit orders.
  7. Paper Trading: Users can test their trading strategies without risking real funds through the platform’s paper trading feature.
  8. Mobile App: 3Commas offers a mobile app for iOS and Android, allowing users to manage their portfolios and trades.
  9. API Integration: The platform supports API integration with a variety of cryptocurrency exchanges, enabling users to manage their trades and portfolios from a single interface.
  10. Education and Support: 3Commas offers educational resources and 24/7 support to help users get the most out of the platform.

Bitsgap Overview

Bitsgap

Bitsgap offers a range of trading tools and features to help traders make informed decisions and maximize their profits. These include real-time market data and analysis, customizable trading bots, backtesting tools, and a variety of order types to suit different trading strategies.

Traders can create and customize their trading bots or use pre-built bots that are designed to perform specific trading strategies. These bots can be set to execute trades automatically based on specific market conditions, saving traders time and helping to maximize their profits

Bitsgap has a social trading feature, which allows traders to follow and copy the trades of other successful traders. This can be a valuable tool for traders who are just starting and want to learn from more experienced traders, or for traders who want to diversify their trading strategies and take advantage of the insights of other successful traders.

Features of Bitsgap

  1. Crypto trading bots – Create, test and deploy automated trading strategies across multiple exchanges.
  2. Trading terminal – Advanced trading tools, real-time market data, and customizable charting to help you make informed trading decisions.
  3. Portfolio management – Monitor all your crypto assets and track their performance across multiple exchanges in one place.
  4. Arbitrage – Find and exploit price differences between multiple exchanges to generate profits.
  5. Backtesting – Test your trading strategies on historical market data to evaluate their performance.
  6. Trading signals – Receive real-time signals for buying and selling cryptocurrencies based on technical analysis.
  7. Risk management – Set stop-loss and take-profit orders, as well as trailing stops, to manage your risk and maximize profits.
  8. Demo trading – Practice trading with virtual funds to test and improve your trading strategies before investing real money.
  9. 24/7 customer support – Get help from Bitsgap’s customer support team at any time, 24/7.

3Commas vs Bitsgap: Types of Trading Bots and Strategies

When it comes to trading bots, both 3Commas and Bitsgap offer a range of options to choose from. 3Commas provides users with a SmartTrade terminal, a Grid bot, and a composite bot, which allows traders to use multiple bots at once. Meanwhile, Bitsgap provides its users with a trading terminal, a grid trading bot, a market-making bot, and a portfolio automation bot.

Both platforms offer a range of trading strategies, such as scalping, trend trading, and dollar-cost averaging. However, 3Commas also provides a unique feature known as “trailing take profit,” which enables traders to maximize their profits by allowing them to follow the price of an asset as it rises.

Winner: 3Commas for its composite bot and unique trailing take-profit feature.


3Commas vs Bitsgap: Supported Exchanges

When it comes to the number of exchanges supported by each platform, 3Commas is the clear winner. It currently supports over 18 exchanges, including Binance, Coinbase, and Huobi. In contrast, Bitsgap supports only 15 exchanges, including Bitfinex, Bittrex, and Kraken.

While both platforms offer support for major exchanges, the number of exchanges supported by 3Commas is greater, providing users with more options to choose from.

Winner: 3Commas for supporting more exchanges.


3Commas vs Bitsgap: Portfolio Management

When it comes to portfolio management, both 3Commas and Bitsgap provide users with a range of tools to help them manage their portfolios effectively. 3Commas offers a range of features, such as portfolio rebalancing, smart trade, and the ability to track multiple portfolios.

Bitsgap, on the other hand, offers a comprehensive portfolio management tool that allows users to manage multiple portfolios across different exchanges. This tool also includes features such as risk management and automated trading.

Winner: Bitsgap for its comprehensive portfolio management tool.


3Commas and Bitsgap: Pricing and Plans

Both platforms offer a range of options to choose from. 3Commas offers three plans: Starter, Advanced, and Pro. The Starter plan is priced at $15 per month, while the Advanced and Pro plans are priced at $49 and $99 per month, respectively.

Bitsgap also offers three plans: Basic, Advanced, and Pro. The Basic plan is priced at $23 per month, while the Advanced and Pro plans are priced at $44 and $110 per month, respectively.

Both platforms offer similar features, but 3Commas’ pricing plans are more affordable, especially for users who are just starting.

Winner: 3Commas for its more affordable pricing plans.


3Commas vs Bitsgap: Customer Support

When it comes to customer support, both 3Commas and Bitsgap offer excellent service. 3Commas provides users with a comprehensive FAQ section, a help center, and 24/7 customer support via email and live chat.

Similarly, Bitsgap offers a help center, a comprehensive FAQ section, and 24/7 customer support via email and live chat. Additionally, Bitsgap offers phone support, which is not available on 3Commas.

Winner: Bitsgap for its phone support.


3Commas or Bitsgap: Mobile App and Ease of Use

3Commas’ mobile app is available for both iOS and Android devices and allows users to manage their portfolios, set up trading bots, and track their performance. Bitsgap does not have a dedicated mobile app.

In terms of ease of use, both platforms are user-friendly and provide users with a clean and intuitive interface. However, 3Commas’ interface is slightly more customizable, allowing users to tailor their experience to their specific needs.

Winner: 3Commas due to the availability of the mobile app.


3Commas vs Bitsgap: Security Measures

Security is of utmost importance when it comes to trading bots, and both 3Commas and Bitsgap offer robust security measures to protect their users’ funds and data. 3Commas employs two-factor authentication (2FA), IP whitelisting, and SSL encryption to ensure the security of its platform.

Similarly, Bitsgap also employs 2FA, SSL encryption, and API key encryption to ensure the safety of its users’ funds and data. Additionally, Bitsgap offers a range of security features, such as anti-phishing protection and a password manager.

Winner: Tie, both platforms offer robust security measures to protect users’ funds and data.


Pros and cons of 3commas and Bitsgap

3Commas

ProsCons
Offers automated trading tools for cryptocurrencies– Users need to have a good understanding of trading strategies
– Provides a wide range of features, including trading bots, portfolio management, and social trading.– The platform charges a subscription fee, which may be a disadvantage for users who are looking for a free service.
– Supports integration with multiple exchanges and has a user-friendly interface.
– Has a mobile app
– Offers a free trial for new users to test out the platform before committing to a subscription.

Bitsgap

ProsCons
Easy-to-use interfaceLimited number of supported exchanges
Variety of trading tools and strategiesRelatively high fees compared to competitors
Access to multiple cryptocurrency exchangesNo mobile app
Automated trading and portfolio management
Advanced charting and technical analysis

Related:

  1. 3commas Vs Quadency
  2. Cryptohopper Vs Bitsgap
  3. Bitsgap vs Pionex
  4. Pionex vs 3Commas
  5. 3Commas vs Cryptohopper

Final Thoughts: Which is better

While both platforms have their pros and cons, it ultimately comes down to the individual trader’s needs and preferences.

If you are a trader on a budget, 3Commas may be the better option due to its affordable pricing structure. On the other hand, if you prioritize portfolio management and customer support, Bitsgap may be the better choice for you.

Regardless of which platform you choose, it is crucial to prioritize security and use caution when investing in cryptocurrencies. By using a reliable and trustworthy trading bot platform like 3Commas or Bitsgap, traders can make informed decisions and maximize their profits while minimizing their risks.


FAQs

Can beginners use 3Commas or Bitsgap, or are they better suited for experienced traders?

Both 3Commas and Bitsgap are designed to be user-friendly and accessible to traders of all skill levels. However, 3Commas’ comprehensive suite of features may be better suited for experienced traders, while Bitsgap’s focus on advanced trading tools may appeal more to traders with a technical background.

Can 3Commas and Bitsgap be used with multiple exchanges?

Yes, both 3Commas and Bitsgap support multiple exchanges, allowing traders to diversify their portfolios and take advantage of different market conditions. 3Commas currently supports 18 exchanges, while Bitsgap supports over 15.

What are 3Commas and Bitsgap, and how do they differ

Commas and Bitsgap are both popular trading platforms that help traders automate their trading strategies and make better-informed decisions. However, they differ in their features and user interface. 3Commas offers a more comprehensive set of features, including trading bots, smart trading, and social trading, while Bitsgap focuses more on advanced trading tools like arbitrage and grid trading.

Can 3Commas or Bitsgap be used for long-term investing?

While both 3Commas and Bitsgap are primarily designed for short-term trading and active portfolio management, they can also be used for long-term investment strategies like dollar-cost averaging and portfolio rebalancing.

Amit Chahar

Amit Chahar

Hey! I am Amit Chahar, a Crypto and blockchain content creator at Wallet Reviewer. With 3+ years of experience as a SEO content writer, I love talking about blockchain technology, digital assets, DeFi, Smart Contracts, DApps, Digital Wallets, Metaverse, and NFTs.

Want to hire me? Contact: thecrypticera18@gmail.com

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