Bitsgap Review
Verdict
Best-in-class grid and arbitrage bots paired with one of the cleanest security records among bot platforms.
Score breakdown
Six pillars, weighted identically for every platform — security and custody weighted heavily.
Pros
- Strong encryption and a clean security record
- Excellent grid & arbitrage tools
- Generous free demo (20 bots)
- 2FA including hardware keys
Cons
- EUR/VAT pricing can sting
- No copy-trading or signal marketplace
- Connects to global exchanges only (no AUD)
Security & track record
No known hacks. API keys are RSA-2048 encrypted in-browser before transmission, with 2FA including FIDO2 hardware keys — one of the cleanest security records in the category.
Details
| Type | Trading-bot platform (SaaS) |
|---|---|
| Maker | Bitsgap · Estonia |
| Released | 2018 |
| Pricing | Free demo · paid ~A$35/mo+ — Basic ~€23/mo up to Pro ~€117/mo (EUR-billed) |
| Fees | Subscription tiers (no per-trade fee); exchange fees apply |
| Custody | Non-custodial; API keys (RSA-2048 encrypted) |
| Automation | Grid, DCA, futures & COMBO bots, "Buy the Dip", smart orders (trailing/TP), arbitrage, backtesting, demo mode |
| Exchange support | 15+ (Binance, Coinbase, KuCoin, OKX, Bybit, Bitfinex, Crypto.com) — no Australian exchanges |
| Regulation | SaaS tool — connects to your exchange via API; not a custodian of funds |
Bitsgap — frequently asked questions
Do crypto trading bots actually make money?
A bot automates a strategy — it does not guarantee profit. Returns depend entirely on the strategy and market conditions, and you can lose money, especially with leverage. Be very wary of any "bot" advertising fixed or guaranteed daily returns; that's a classic scam pattern. Bitsgap is a legitimate tool, not a get-rich scheme.
Is Bitsgap safe?
With Bitsgap your funds stay on your own exchange; it connects via API keys. No known hacks. API keys are RSA-2048 encrypted in-browser before transmission, with 2FA including FIDO2 hardware keys — one of the cleanest security records in the category. Whatever bot you use, connect it with API keys that have withdrawal permission switched off.
How much does Bitsgap cost?
Bitsgap: Free demo · paid ~A$35/mo+ — Basic ~€23/mo up to Pro ~€117/mo (EUR-billed). Legitimate bots charge a subscription or a small trading fee; a "free" bot that requires a large upfront deposit is a major red flag.
Are crypto trading bots legal in Australia?
Yes — automated or API trading is perfectly legal in Australia. The real danger is scam platforms posing as "AI trading bots." Legitimate tools like Bitsgap charge subscriptions, never take custody of a lump sum to "trade for you," and never promise guaranteed returns.
Can you lose money with Bitsgap?
Yes. A poor strategy, high volatility, leverage, or simply a falling market can all produce losses — automation doesn't remove risk. Start small, use conservative settings, and never risk money you can't afford to lose.
General information only — not financial advice. Trading bots do not guarantee profits and can amplify losses. Disable withdrawal permissions on any API keys, and never risk more than you can afford to lose.