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What is Bitsgap bot?
Bitsgap has a bot for trading bitcoins and other crypto. Set up auto bots on Binance, Bitfinex, Kraken and more than 25 other exchanges. When the price moves, the algorithm automatically sets buy and sell orders if there is an opportunity for profit.
Is Bitsgap secure?
Bitsgap goes above-and-beyond for their site and traders' security. Bitsgap also states that using their system is safer than your internet banking system because most banks use what is known as RSA 1024, whereas Bitsgap uses the encryption known as RSA 2048. RSA 2048 is said to be twice as secure as RSA 1024.
Where is Bitsgap based?
We are Estonian based privately held company. We are a team of industry experts with extensive experience in trading, asset management, and blockchain technology, from all around the world.
How is Bitsgap?
Bitsgap is an all-in-one trading platform where you can bring all your cryptocurrency exchange accounts under one roof and trade from a unified interface. Do exactly what you would do on your regular exchange but with the tools that are not available elsewhere!
What is arbitrage Bitsgap?
Arbitrage is the purchase of crypto on one exchange where the price is low and then immediately selling it on another exchange where the price is higher. Standard way of executing an arbitrage trade: You buy crypto on Exchange-1 and then transfer it to Exchange-2 for the purpose of selling it.
Is Bitsgap arbitrage profitable?
Given that arbitrage with fiat trading pairs turns an average profit of 2% - 2.5%, and that exchanges can charge $70 for money transfer to the bank, we recommend that you use a minimum of $10,000 to work with this type of arbitrage. With this amount you will receive approximately $140-240 per each arbitrage cycle.
