Want A Hassle-Free Trading Experience? Try Bitsgap Cross-Exchange Platform

Tallinn, Estonia, November 26, 2018 – Bitsgap has introduced a new platform that unifies both trading and asset management for more than 30 popular cryptocurrency exchanges. The service provides a unique experience for all traders - with a fully secure and reliably fast interface for cryptocurrency spot trading on the top cryptocurrency exchanges, the platform can access more than 10,000 crypto pairs.

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The rapid development of the crypto industry saw both the interest of investors and traders spike as well as the trading volume on exchanges skyrocket. Since the market was not prepared for such a customer inflow, issues around the provision of service soon appeared. The situation on the market also forced many traders to manage several exchange accounts while looking for the best trading opportunity.

“We noticed that crypto traders are experiencing difficulties searching for the best prices on different exchanges making not efficient trading decisions. Our goal became to implement a unified solution which will offer a hassle-free trading experience for everyone”, said Maxim Kalmykov, CEO at Bitsgap 

“With Bitsgap platform we also implemented risk management tools like Stop Loss / Take Profit, Arbitrage, and Portfolio tracking services to cover all the needs to trade and manage crypto assets.”

Bitsgap Bitcoin and Cryptocurrency trading

The Platform resolved most of the issues by combining all tools and services into one :

  • Trading. The trading platform itself demonstrates Bitsgap's focus on helping users to manage their trades in the most effective way by giving access to a comprehensive list of features. In a matter of seconds, a trader can switch between exchanges and pairs while staying on the same browser tab. 

    Users are free to trade on all supported exchanges - watch the rates in their local currency, move open orders directly on the charts, use the most common and useful drawing tools and oscillators for TA as well as compare price points on multiple markets. The platform also allows the user to observe different pairs correlation as well as execute trades with predefined Stop Loss & Take Profit order.
     
  • Arbitrage. The price for the same asset on exchanges may differ due to low capitalization and unregulated volatility can sometimes be high, allowing users to make hundreds of dollars from a single trade. Therefore, traditional arbitrage methodology which involves a withdraw and deposit procedure is somewhat outdated and often fails. The Bitsgap developed an effective tool to assist with a simple set up and instant arbitrage execution.
     
  • Portfolio. The live portfolio tracking allows traders to monitor recent transactions on all connected exchanges and provide a detailed summary of trading activity. The platform enables users to know exactly how much money they are making and highlight the most successful trades made in the past.
     
  • DEMO. The Bitsgap team brought trading closer to novice users and introduced a demo-mode that allows testing trading strategies in a risk-free environment on all the supported exchanges.

The best part of Bitsgap is that the service is surprisingly fast and importantly free to use. The support service resolves issues within a few business days and the team has prepared a detailed knowledge base with internal user tools to help on board new customers.

For more information about Bitsgap, and free account sign up, please visit www.bitsgap.com or send an email to [email protected]

About Bitsgap

Bitsgap is an Estonian based company, revolutionized cryptocurrency trading. The platform provides hassle-free experience in Trading, Portfolio Tracking, and Arbitrage with access to more than 30 major crypto exchanges and supports trading for 10,000 currency pairs. For more information or free sign-up, visit www.bitsgap.com

Bitcoin Bull Market: 5 Reasons for the Recent Rally to $9,000

Important information: please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any benefits depends on individual circumstances.

Last  weekend, Bitcoin surged up to $9,381, soaring over 7% in 24 hours, meaning that bitcoin’s market cap reached $165 billion  - the highest so far in 2019. Since bitcoin breaking the $8,000 mark in May, it has continued its upward movement, although there have been some pullbacks.

Why did bitcoin manage to rise above $9,000? Here are 5 factors that may be contributing to the surge.

BTC Hash Rate Sets New All-time High

Data from Blockchain.com shows that the BTC network hash rate - the computing power required for transaction confirmation and network security - topped 62246627 TH/s -  surpassing the previous record set in August 2018. In addition, the number of transactions also reached the second largest number ever at 364,000 - with the largest being  452,000, hit in May this year. According to some analysts, there is a positive correlation between Bitcoin’s hash rate and price.

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Market News - Bakkt’s BTC Futures Trading Test

Bakkt announced last week that it will begin testing bitcoin futures on July 22. The company also announced that it will support the ICE Futures U.S. launch of daily and monthly margined futures for bitcoin by bringing regulated custody as part of the futures contract. It is hoped that the launch will usher in a new era for institutions looking to access crypto markets.

BTC Reward Halving in 2020

The reward for mining new blocks on the Bitcoin blockchain will drop from 12.5 Bitcoin to 6.25 Bitcoin — and this already has people speculating about how this could affect the Bitcoin price.

If history repeats itself, the price of Bitcoin will climb somewhat ahead of the halving event. The rise in price makes sense in terms of supply and demand: large buyers of Bitcoins have to either buy on the exchanges or get them through mining, and a halving event forces more to buy on the market.

Binance Restricts U.S. Users

Binance announced that it will launch a U.S.-based service to avoid uncertainty around its legality In the meantime, it is implementing restrictions for U.S. passport holders worldwide and those based in the country. Binance’s U.S. users (at least 30 million) cannot trade AE, HOT, LINK, NANO, VET and other cryptocurrencies. According to analysts Josh Rager, “With US Binance ban & other exchange delistings, people could be moving into BTC & major market cap coins.”

Bitcoin Used as Hedge

The United States - China trade war, it has seen both superpowers slap tit-for-tat tariffs on each other’s goods, ultimately making everyday products more expensive for consumers. Due to fears of Yuan devaluation, Bitcoin may have risen in value, which vastly outperformed traditional wealth preservation assets.

Many market analysts predict that if Bitcoin can stabilize above $8,800 mark, the next target will be around $10,000.

Trade BTC Futures to Hedge Risks & Take Profits on Bexplus

Bitcoin futures volumes have surged to record highs of $12 billion in May, a growth of 118% from April. JP Morgan believe that because of fake volume, the importance of Bitcoin futures has been understated. Institutional investors have increasingly turned to the cryptocurrency market, and the futures market in particular, to hedge funds - which will likely further boost the bitcoin futures market.

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Bexplus is a world-leading cryptocurrency futures exchanges which provides BTC, ETH and LTC futures trading with 100x leverage. Founded in late 2017, Bexplus is one of the fastest growing startups in the crypto futures market. Now it has established offices in Hong Kong, United States, Brazil, Australia,etc.

Free BTC Giveaways on Bexplus

Bexplus announced 100% deposit BTC bonus giveaway for deposit users - users deposit BTC in the exchange can enjoy up to 10 free BTC bonus and get up to 72% annualized interest by saving BTC in the upgraded wallet. In addition, you also have the chance to get free presents like iPad Air, Apple watch and more.

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