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OCT 21, 2021
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Opinion
3Commas | Bitsgap | |
🌎 Company Location | Estonia | Estonia |
📅 Founding Year | 2017 | 2017 |
💱 Supported Exchanges | 18 | 25 |
🆓 Free trial period | 3 days for Pro | 14 days for all plans |
☁️ Cloud-Based |  | |
💰 Multiple currency support |  | |
🤖 Automared trading | | |
🧪 Backtesting | | |
📈 Social Trading | | |
📱Mobile app | |  |
🌅Day/night interface | | |
🚀 Partnership Program | | |
Bitsgap and 3Commas Overview
As cryptocurrencies become an integral part of our lives, the technologies evolving around them keep advancing as well. One of the latest trends of the crypto exchange markets is trading bots. These are tools that automate the process of trading and minimize its risks, eliminating the possibility of a human mistake.
Nowadays, there is a wide variety of providers offering autotrading services. Some of the most well-known examples include Bitsgap and 3Commas. In this review, we will take a look at these two platforms and help you decide which of them fits your goals best.
Bitsgap is a service that connects to crypto exchanges using API technology, which has already become a modern “language of communication” between various computer programs and applications. Bitsgap gains access to account monitoring for trading operations but cannot transfer or withdraw funds from the account.
Price | Free plan/$19/$44/$110 per month |
Payment options | Visa, MasterCard, PayPal |
Exchange support | 25+ exchanges, including Binance, Bitfinex, Bittrex, Gemini, Poloniex, Bitstamp, Kraken, KuCoin, YoBit, Okex, Huobi, HitBTC, Gate.io, and Bithumb |
Signals | Free market anomalies trading signals |
3Commas is a similar tool for automated trading. Its idea is that bots trade instead of traders. The user sets the trading parameters, provides the initial capital, makes adjustments to the strategy during the course of the bot’s work, and tracks the results.
Price | Free plan/$14.5/$24.5/$49.5 per month |
Payment options | Visa, MasterCard, PayPal, CoinPayments |
Exchange support | 23+ exchanges, including Binance, FTX, Bybit, Bitmex, Deribit, Bittrex, Bitfinex, and more |
Signals | Free and paid trading signals |
1. Pricing and Plans
Overall
Bitsgap and 3Сommas focus on experienced traders, offering them paid subscription plans. Crypto enthusiasts can try trading using free subscriptions or a free trial option.
Bitsgap Pricing and Plans
Bitsgap’s subscription pricing varies, depending on the user’s chosen plan as well as the trading limits.
Basic $19/month | Advanced $44/month | Pro $110/month | |
Monthly trading limit | $25 000 | $100 000 |
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Active trading bots | 2 | 5 | 15 |
Arbitrage |
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Trading signals |
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Portfolio |
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Extended order types |
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Demo trading |
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Priority support |
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You can also select a free plan ($0/month) with a $1000 trading limit/month. It will allow you to have limited access to some of Bitsgap’s features.
Pros | Cons |
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3Commas Prices
3Commas has three paid subscription plans for the users to choose from, as well as a free software version. Here is the subscription comparison:
Free $0 | $29 ($14.50/ month if paid yearly) | $49 ($24.50/ month if paid yearly) | $99 ($49.50/ month if paid yearly ) | |
Manual trading | ||||
Trading on different exchanges |
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Smart Trade | 1 |
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Smart Sell | 1 |
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Smart Cover | 1 |
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Regular buying and selling |
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Trader’s diary |
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Autotrading | ||||
Simple bot | 1 | 1 |
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Composite bot | 1 | 1 | 1 |
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GRID bot | 1 | 1 | 1 |
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Option bot | 1 | 1 | 1 |
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Short algorithm |
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Long algorithm |
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Browsing and copying bots |
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Bots for Binance Futures, BitMEX, ByBit and FTX futures | 1 | 1 | 1 |
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Pros | Cons |
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Pricing winner
Although both services offer a selection of 4 subscription plans, 3Commas has all the necessary autotrading functions available at cheaper prices.
Bitsgap: 7/10 ⭐⭐⭐⭐⭐⭐⭐☆☆☆
3Commas: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐☆☆
2. Reliability
Overall
When choosing an autotrading service, it is crucial to pay attention to the company’s reputation. After all, the reliability of the selected platform will directly influence the safety of your funds.
Bitsgap Reliability
The Bitsgap team consists of traders, marketers, and security experts. Over its 4 years of existence, Bitsgap has not faced any security breaches and remains one of the most trusted autotrading services. An excellent reputation and trading features, such as stop-loss and take-profit, make this platform a reliable companion on the crypto market.
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3Commas Reliability
3Commas has proved itself to be one of the most reliable autotrading service providers. This platform offers effective autotrading bots that minimize trading risks.
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Reliability winner
Both platforms have gained an excellent reputation among users worldwide, and they care for their users’ data security.
Bitsgap: 9/10 ⭐⭐⭐⭐⭐⭐⭐⭐⭐☆
3Commas: 9/10 ⭐⭐⭐⭐⭐⭐⭐⭐⭐☆
3. Ease of Use
Overall
Crypto trading may be overwhelming, especially for beginners. That is why most trading platforms choose to focus on functionality that goes hand-in-hand with a simple design.
Bitsgap Ease of Use
Bitsgap has chosen a minimalistic white and dark blue color scheme. The site’s navigation is straightforward and will be understandable even for first-timers. All in all, the platform is efficient and easy to use.
3Commas Ease of Use
The 3Commas website and mobile apps feature an intuitive interface suitable for beginners, as all the essential features are logically categorized into sections.
Pros | Cons |
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Ease of use winner
3Commas has received a plethora of positive feedback, especially for the mobile app availability that makes the platform easy to use wherever the trader is: at home or on-the-go.
Bitsgap: 7/10 ⭐⭐⭐⭐⭐⭐⭐☆☆☆
3Commas: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐☆☆
4. Exchange Platforms
Overall
Yet another critical factor when selecting the best autotrading service for your needs is the exchange platforms’ availability. Luckily, both Bitsgap and 3Commas feature an extensive list of major exchanges.
Bitsgap Exchange Platforms
Bitsgap takes a well-deserved position among the industry leaders, as it features all the must-have exchange platforms and more – all on one platform.
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3Commas Exchange Platforms
The 3Commas service currently features 23 exchange platforms and constantly growing. Combined together with the trading bots, it comprises a powerful autotrading tool.
Pros | Cons |
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Exchange platforms winner
As of now, Bitsgap is leading when it comes to the variety of exchange platforms available, with over 25 featured exchanges against 3Commas’ 23.
Bitsgap: 9/10 ⭐⭐⭐⭐⭐⭐⭐⭐⭐☆
3Commas: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐☆☆
5. Profitability
Overall
No trading tool’s profitability can be precisely calculated due to the market’s liquidity. However, autotrading tools have been noticed to significantly increase the traders’ profits from a long-term perspective.
Bitsgap Profitability
Despite the provider’s reliability, Bitsgap cannot guarantee profits. However, the platform successfully manages to minimize user risks when trading.
Pros | Cons |
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3Commas Profitability
Pros | Cons |
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6. Trading Strategy
Overall
Bitsgap and 3Commas both allow users to adjust the trading strategy. Therefore, every user can create custom bots for even more effective crypto trading.
Bitsgap Trading Strategy
Bitsgap bots are there to do all the tracking and trading, as long as the user decides to launch them. For instance, one of the most renowned strategies, the GRID bot, has the task of buying and selling cryptocurrencies automatically with a fixed price range defined by the user.
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3Commas Trading Strategy
The 3Commas trading platform not only offers ready-made automated solutions but also enables users to create their own strategies.
Pros | Cons |
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Trading strategy winner
Both sources offer users the opportunity to customize their trading strategies.
Bitsgap: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐☆☆
3Commas: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐☆☆
Bitsgap: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐☆☆
3Commas: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐☆☆
Profitability winner
Bitsgap and 3Commas have a similar mechanism of action and face the same market conditions when it comes to profitability. Despite the advanced technology used in the creation of autotrading bots, the eventual profit will depend on the user and the crypto exchange situation.
Mikhail Goryunov
A proven leader, successful at establishing operational excellence and building high-performance teams with a sharp focus on value creation and customer success.
Free access for 3 days
Free access for 3 days
Full-access to PRO plan, no credit card required
Full-access to PRO plan, no credit card required
