Bitsgap vs 3Commas Comparison in 2023

In recent years, cryptocurrency trading bots have revolutionized how traders approach the market. By automating recurring tasks and setting parameters to open and close trades, crypto bots have the potential to maximize profits around the clock.

As the crypto trading bot space grows increasingly competitive, platforms must offer robust features to capture users. In this review, we examine two top contenders — Bitsgap and 3Commas — to help determine which platform provides the best overall experience.

Keep reading to discover how these bots stack up side-by-side on key criteria like available crypto trading bots, supported exchanges, pricing, and more. By the end, you’ll have a clear sense of which platform best suits your automation needs.

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Bitsgap vs. 3Commas Comparison Table

To summarize the key differences at a glance, here’s a feature-focused comparison table:

FeatureBitsgap3Commas
Automated Trading BotsGrid, DCA, Combo botsDCA, Grid, Options, HODL, Smart bots
Supported Exchanges25+16+
Exchange IntegrationExpertise across smaller platformsGradual larger exchange growth
CustomizationStrategy fine-tuning via interfaceSpecialized “Smart Trade” interface
Trading FeaturesTight grid customizationAdvanced order types, crypto signals
Pricing PlansBasic to Pro tiers$0 to $49 monthly options
SecurityBank-grade encryption“Sign Center” post-incident upgrade
Customer SupportLive chat, emailExpanded channels and knowledge base
Mobile AppWeb app onlyNative Android/iOS apps

Who Should Choose Bitsgap?

Bitsgap is ideal if you want a wide range of trading features and crypto arbitrage opportunities across a large number of supported exchanges.

The platform is packed with analysis features, trading bots, and arbitrage tools for active traders who manage their own crypto strategies.

Here are the key reasons to choose Bitsgap for your crypto trading:

  • You want access to arbitrage trading across many exchanges
  • You are an active trader looking for advanced charting and trading analysis
  • You want to automate trades with grid, DCA, and futures bots
  • You need portfolio tracking across multiple exchanges

Create a Bitsgap Account

Image source: Goodcrypto

Who Should Choose 3Commas?

The easy-to-use interface, mobile apps, copy trading, and customizable bots make 3Commas a top choice for beginner to intermediate crypto traders.

Social and copy trading features allow you to learn from more experienced traders on the platform.

3Commas is a better fit for you if:

  • You want to copy profitable crypto traders
  • You need mobile access to your bots
  • You are new to automated trading
  • You want access to options bots

Create a 3Commas Account

Image source: 3Commas

Bitsgap vs 3Commas: Key Features

Both Bitsgap and 3Commas offer robust feature sets aiming to simplify crypto trading. Here’s a glimpse at some of their core functionality.

Automated Trading Bots

Bitsgap and 3Commas each provide a range of crypto trading bots to automate strategies. Bitsgap’s bots include Grid, DCA, and Combo bots tailored for various market conditions. 3Commas boasts DCA, Grid, Options, and other crypto bot types.

3Commas’ bot selection taps specialized niches like options trading. However, Bitsgap’s Grid bot is among the most full-featured, letting traders fine-tune parameters. Both platforms offer ongoing bot improvements, too.

Supported Exchanges

Integration across top exchanges is critical, and both platforms deliver. Bitsgap leads with support for 25+ exchanges, including Binance, Coinbase, and more. 3Commas currently supports 16 exchanges, like Binance, Bybit, and Kraken.

Still, 3Commas adds value by expanding support frequently. Overall, Bitsgap wins on connectivity while 3Commas continues growing its already-robust reach.

Customization Options

Granular customization helps bots match individual trading styles. Here, both platforms impress, letting users personalize grids, prices, signals, and more.

3Commas perhaps edges ahead with its “Smart Trade” terminal, marrying bots and manual strategies. Additionally, 3Commas’ digital academy helps learn custom approaches. Both prove highly adaptable.

In short, Bitsgap and 3Commas offer compelling core functionality. Now, let’s compare their pricing models.

Pricing Plans Compared

Pricing is another make-or-break criteria, so examining plans matters. Here’s a breakdown:

Bitsgap offers Basic, Advanced, and Pro tiers costing $29, $69, and $149 monthly with yearly discounts. Key perks include grid/DCA bot limits and trading caps.

3Commas provides Free, Light, Advanced, and Pro plans for $0, $9.9, $24.5, and $49.5 monthly with annual savings. Perks include bot counts plus Smart Trade access.

Notably, 3Commas’ free option covers basics, while Bitsgap’s entry tier already demands a monthly fee. However, Bitsgap annual plans offer steeper savings of up to 30%.

Pricing comes down to needed functionality versus budget. For frequent users, 3Commas’ inexpensive Advanced plan compares well to Bitsgap’s pricier entry tier. Newcomers may prefer 3Commas’ free trial, too.

Security and Customer Support

Ensuring funds stay safe matters most. Thankfully, both platforms take security seriously.

Bitsgap uses bank-grade encryption for all connections and data, preventing direct account access. Likewise, 3Commas employs encryption, IP detection and recently upgraded its “Sign Center” for added exchange key protection after a past API exposure issue.

As for support, Bitsgap offers live chat and email help. 3Commas matches Bitsgap on response platforms and also provides a support center/knowledge base.

While past issues give 3Commas a (mostly undeserved) black mark, both platforms implement solid present-day security. And their prompt, available support teams ease navigation difficulties.

The bottom line: Both platforms have their pros and cons

For crypto bot enthusiasts of all levels, Bitsgap and 3Commas rank among the best automation platforms currently available. However, we believe 3Commas maintains a slight overall edge.

3Commas delivers progressively more bot types, shoring up weaknesses with options and others. Its vast array of exchange integrations also makes accessing opportunity-rich smaller platforms easier.

Additionally, 3Commas’ recently created crypto signals and academy divisions inject valuable extra resources. And while past security lapses linger, present measures align well with Bitsgap’s already robust protocols.

Of course, the differences between the platforms remain minor. Both deliver incredibly powerful feature sets empowering traders of any strategy. But 3Commas’ balanced toolkit appeals most to automation enthusiasts seeking diverse avenues to profitability.

Bitsgap and 3Commas both put traders in the driver’s seat for crafting versatile automation strategies. But 3Commas’ diversifying toolkit solidifies it as our top recommendation — for now. Both remain must-have platforms as the crypto bot industry matures further.

Apart from these two options, there is another crypto bot you should try. ArbitrageScanner stands out as one of the leading arbitrage platforms due to its extensive exchange integrations and powerful tools. ArbitrageScanner is the top choice for arbitrage trading thanks to unmatched exchange coverage.

So, when deciding between these two leading products, evaluate exchange preferences, strategy complexity, and pricing against individual needs. Both options work towards increasing profit efficiency with the best day trading coins. You really can’t go wrong with either platform for streamlining your trading process in 2023.

Source: https://coincodex.com/article/31930/bitsgap-vs-3commas/