When looking for popular cryptocurrency trading bots, you may have stumbled upon the names of Bitsgap and KuCoin Bots. If you have little to no experience with these solutions, you may be wondering which one is a better option for you and your automated trading activities.
To help you make an informed decision, here is a detailed comparison of Bitsgap vs KuCoin Bots.
💡 Reputation
As a popular crypto trading bot solution, Bitsgap lets you connect to various cryptocurrency exchanges to automate your buying and selling activities. This not only makes it a versatile solution but also gives it an extensive outreach in the cryptocurrency community by appealing to the users of different exchanges. In turn, Bitsgap stands out by many other solutions that operate on the same mechanism.
Bitsgap is known for its highly-reviewed services, with minimal complaints about the services that it provides to its users. This makes it one of the strongest cryptocurrency bots that are available in the market. Whether you want the assurance of using an established operation or need the comfort of utilizing a modern platform, Bitsgap stands out to be a sought-after option.
On the other hand, KuCoin Bots is an offering from KuCoin, which is one of the top cryptocurrency exchanges in the world by trading volume. As an extension of KuCoin, their bots enjoy a positive reputation by proxy. This makes KuCoin Bots a highly viable platform if you are looking for a trading bot solution with a renowned brand.
Since KuCoin Bots is an in-house service, it only works with KuCoin. This means that if you want to trade your cryptocurrency through these automated bots, you will need to do so on the markets that are available at KuCoin. While this limits the flexibility of the solution, it does appeal to those who either want to use KuCoin as their primary exchange or are already doing so.
When you make a reputational comparison of Bitsgap vs KuCoin Bots, it is not difficult to determine that both services pass the test with flying colors. The main difference is that Bitsgap achieves this feat as a standalone trading bot service that works with multiple exchanges, while KuCoin Bots accomplishes these goals as a dedicated solution for its parent exchange’s markets.
As a result, both Bitsgap and KuCoin Bots stand on the same level of positive reputation. This gives you the choice to pick either of these options without compromising on the overall credibility of the solution that you choose.
⌛ Time in Business
Bitsgap was established in 2017. Operating out of Estonia, Bitsgap has completed five years in the cryptocurrency sector. Over this period, Bitsgap has utilized the time that it has had to build an audience, retain long-term clients, and establish its name as a viable trading bot platform.
In order to fulfill these goals, Bitsgap has developed its platform throughout the past few years. Today, it stands out with its intuitive platform, easy-to-use services, and a slew of trading features. At the time of writing, Bitsgap offers these solutions through its web-based platform that you can use through any modern browser.
The time that Bitsgap has spent in the cryptocurrency industry has also made the platform adept at handling new and seasoned crypto traders with ease. No matter if you have recently forayed into the cryptocurrency segment or have been using these solutions for a while, you can depend on Bitsgap to provide you with an experience that is well-suited to your overall level of skill.
This means that if you want to choose a trading bot platform that works with multiple exchanges, delivers an extensive set of services, and maintains its credibility while doing so, you can count on Bitsgap to check all those boxes for you.
Now to compare Bitsgap vs KuCoin Bots: the in-house bot service was launched in January 2021. On the other hand, KuCoin itself was founded in 2017, which sets the parent company on the same level as Bitsgap in terms of its overall time in the industry. This outlines that even though the KuCoin Bots solution might be new, the platform that runs it is no stranger to the cryptocurrency industry.
Since KuCoin Bots was launched in 2021, KuCoin has made it its mission to upgrade the bot with different features. For instance, the KuCoin Bots service had been introduced with Classic Grid and DCA functionalities. But in November 2022, KuCoin’s Martingale bot closed its beta announcement. This highlights the constant progression of the service into something that could give many bots strong competition.
Due to being an in-house solution, KuCoin Bots is free to use. This marks a huge contrast between KuCoin and other automated trading solutions, including Bitsgap. In many ways, this free-to-use solution makes KuCoin Bots’ value proposition a highly competitive option for many users.
This especially holds true for those who don’t want to shell out any additional funds after paying for their exchange’s trading fees as well as other charges that are inherent to cryptocurrency trading. The fact that you can access your KuCoin account features through iOS and Android apps further adds to your comfort.
Overall, in the comparison of Bitsgap vs KuCoin Bots, both platforms stand side by side in terms of their time in business. This outlines that if one of your major decision-making factors happens to the company’s experience in the cryptocurrency segment, both of these platforms can cater to your needs.
💰 Packages and Prices
Bitsgap and KuCoin deliver their services through different pricing tiers. But due to the overall structure of both platforms and how their solutions are designed in the first place, there is a huge difference between their pricing structure.
How Does Bitsgap Pricing Work?
Bitsgap is an automated trading bot service that offers its solution for multiple exchanges. This means that it is not native to a single platform and can be used against a slew of supported exchanges. This also brings its features to be in line with many other crypto trading services that are available in the market.
Instead of a lifetime license, Bitsgap provides you with a subscription-based solution that is offered through monthly and yearly plans. The monthly pricing is standard, while annual plans give you a discount on the standard price.
How Does KuCoin Bots Pricing Work?
KuCoin Bots is an in-house trading solution that is built to work with its native platform. This sets the KuCoin Bot application as a trading bot service that is compatible with KuCoin and KuCoin alone. This distinction also makes KuCoin Bots a value added feature instead of a standalone service.
KuCoin Bots are offered to the clients of the exchange who use the platform’s trading services and are willing to pay its trading fees. This means that there are no surface-level charges for KuCoin Bots. The service comes in return for you utilizing KuCoin as your exchange.
Bitsgap vs KuCoin Bots: Which Pricing Plan is Better For You?
If you have no qualms about paying for an advanced trading bot that adds several functionalities and also works with multiple exchanges, you may want to subscribe to Bitsgap. As an external bot that works with your primary exchange other than KuCoin, it can fulfill your requirements.
But if your primary exchange is KuCoin itself, you may want KuCoin Bots as the solution that comes without any additional charges added to its price tag. This may also suit you more if you are just starting out with cryptocurrency and want to try automated trading before committing more funds to it.
Bitsgap Pricing
Bitsgap pricing comprises a Basic, Advanced, and Pro plan. These three plans are available at monthly and annual subscriptions, with annual pricing providing you with a whopping 20 percent discount. A free-to-use offering is not on the table, but you can start a 7-day trial for either of these pricing plans.
Bitsgap Basic
Monthly: $29/month ($348/year)
Yearly: $23/month ($276/year)
- 2 Grid and 10 DCA bots
- Unlimited smart orders
Bitsgap Advanced
Monthly: $69/month ($828/year)
Yearly: $55/month ($662/year)
- 5 Grid and 10 DCA bots.
- Unlimited smart orders
- Futures bots
- Trailing features for bots
Bitsgap Pro
Monthly: $149/month ($1,788/year)
Yearly: $119/month ($1,428/year)
- 20 Grid and 10 DCA bots
- Unlimited smart orders
- Futures bots
- Trailing features for bots
- Take profit features.
KuCoin Bots Pricing
KuCoin Bots are free to use for the customers of the KuCoin cryptocurrency exchange. In other words, in place of a subscription fee for the trading bots, you pay the trading fee for the exchange. Since you would be paying the latter anyway, you can also term it as a free service.
You can see a breakdown of KuCoin trading fees to determine what type of charges you will need to pay after picking KuCoin as your primary exchange. You can then compare these fees to other popular cryptocurrency platforms. In either case, you will be saving the fee that you would be paying to external trading bots such as Bitsgap.
In this comparison, KuCoin Bots takes the cake by offering its trading solutions for free. In case you are on a budget or simply do not want to pay for a third-party trading bot, KuCoin might be the ideal solution for you.
⚙️ Strategies
Bitsgap and KuCoin Bots offer different features that you can use to propel your trading activities. By taking an overview of both solutions, you can decide which value proposition suits you more.
Bitsgap
Bitsgap offers the following solutions under its sets of services.
Grid Trading
This strategy lets you trade through buy and sell orders. It follows a multi-level price range at which to execute your orders.
DCA Bots
This uses the Dollar Cost Averaging strategy that breaks down your investment for the same cryptocurrency across multiple prices.
Futures Bots
This utilizes strategies to trade in crypto-derivatives. You can use it with exchanges that let you trade futures.
You can pair these bots with various features such as take profit, stop loss, and trailing strategies. You can also use the popular TradingView interface to add more prowess to your trading activities through powerful indicators.
KuCoin Bots
KuCoin Bots utilize the following features during their trading activities.
Grid Bots
This strategy lets you place buy orders at low prices and sell orders at prices. This lets you complete your purchases at the most opportune times.
DCA Bots
This gives you the power to break your investment in the same cryptocurrency across multiple price intervals, which lowers your overall risk.
Futures Bots
This enables you to trade in cryptocurrency derivatives contracts in the form of futures.
Apart from these strategies, you can also use many other features that enhance your grid, DCA, and futures bots. KuCoin is also due to introduce a Martingale bot that could provide you with more power during your trading activities.
Across these strategies, the comparison between Bitsgap vs KuCoin Bots makes Bitsgap win through its extensive features. If you need a highly-advanced trading bot solution, then Bitsgap is the service that you need.
👌 Exchanges Supported
When you set out to compare the list of exchanges that are supported by Bitsgap and KuCoin Bots, you can prepare yourself to witness the uneven competition. It is because Bitsgap is a purpose-built, standalone trading bot platform that is developed to work with multiple cryptocurrency exchanges. Whereas, KuCoin Bots is a dedicated solution that only works with its parent exchange.
That is why, while you can look through the list of exchanges supported by Bitsgap, you need to remind yourself that it comes off as a third-party application at charges that come on top of your trading fees. On the other hand, KuCoin Bots offer its trading bots without any extra fees.
With that in mind, here is a list of the exchanges that are supported by Bitsgap.
- Binance
- Binance US
- Bitfinex
- Bittrex
- Bybit
- Coinbase Pro
- Gate.io
- Gemini
- HitBTC
- Huobi
- Kraken
- KuCoin
- OKX
- Poloniex
- WhiteBIT
In contrast, KuCoin Bots provides full support to its native exchange and doesn’t let you worry about paying any additional charges for its services.
Keeping this in mind, the winner of this round of the Bitsgap vs KuCoin Bots comparison depends upon your needs. If you are looking for a bot that gives you the flexibility to switch your exchange, Bitsgap might be the platform for you. But if you are happy with keeping your primary exchange as KuCoin, KuCoin Bots might be your ideal solution instead.
👨💻 Customer Service
Bitsgap customer service is offered through multiple channels. The most prominent of them is a contact widget that is available through the website. Despite being designed as a live chat interface, a live person is not available through this widget 24/7. If you use this tool and face the same issue, you can leave a message for the Bitsgap team to get back to you instead.
However, this only acts as a speed bump instead of a giant hurdle on the path of Bitsgap customer service. It is because the Bitsgap support team not only gets back to you for your inquiries, but also offers support in multiple languages including English, German, and Russian.
You can also contact Bitsgap through email, Discord, and Telegram (at Telegram, you can also find support in Spanish). Bitsgap also maintains its presence across other social media platforms namely Facebook, Twitter, Instagram, and YouTube. In addition to this, Bitsgap offers a knowledge base to help you through its platform features.
KuCoin Bots, on the other hand, offers its support through different mediums as well. This gives you the comfort to contact the platform according to what seems the most comfortable method to you. This adds to the sense of convenience that you may expect from a platform of KuCoin’s stature.
But the most logical approach to contact KuCoin comes through a ticket submission system, where you can contact the KuCoin team for any concerns or inquiries that you have regarding the service. This works much like the support system at Bitsgap, where the team gets back to you at their earliest.
You can reach out to the KuCoin community through Telegram and Discord, as well as other channels such as Reddit, Facebook, Twitter, and Instagram. A KuCoin YouTube channel is also available. You can also look into the Help Center which offers a knowledge base as well as a beginner’s guide to assist you in acquainting yourself with the platform.
📢 Overall Experience
When it comes to comparing the overall experience from Bitsgap vs KuCoin Bots, the result stands out as a method of preference. Since both platforms are credible, laden with features, and remain efficient at cryptocurrency trading, it depends on you to either choose Bitsgap as the standalone service that comes at a price or KuCoin Bots as the free solution that lags a little behind its competitor.
The bottom line can be summarized into this thought process: If you want a trading bot solution that consists of highly advanced features and don’t mind paying an additional amount for its services, you can go with Bitsgap. But if you are content with a basic- to medium-level trading solution that does not ask you for additional funds, you can choose KuCoin Bots.
Regardless of which option you end up choosing, keep in mind that cryptocurrency is a highly volatile medium of trading. When you invest in this segment, only do so with funds that you can afford to lose to market conditions. This helps you steer clear of any regrets while also bringing you close to your financial goals.