Bitsgap vs Cryptohopper: Fees, Coins, Safety Comparison
| Feature | Bitsgap | Cryptohopper |
|---|---|---|
Overall |
2.2 |
3.8 |
1 |
1 |
|
3.4 |
4.7 |
|
3.6 |
4.4 |
|
Investment Instruments |
1.7 |
4.2 |
Platforms and Charting Tools |
1.6 |
4.3 |
Deposit and Withdrawal |
1.8 |
3.7 |
Research |
3.0 |
4.1 |
Education |
1.9 |
3.5 |
Support |
1.9 |
3.7 |
Bonuses |
2.5 |
4.4 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitsgap vs Cryptohopper: Pros and Cons
Bitsgap is a young Estonian crypto exchanger founded in 2017 by an enthusiastic team of private traders, security experts, and marketers. Their goal was to create a universal platform, the functionality of which will allow a trader to trade not on one, but on several crypto exchanges at the same time. At the moment, every Bitsgap client can exchange cryptocurrencies on 20 world exchanges, thereby adjusting to the market in real-time. Traders who do not want to trade on their own can connect special bots designed for different tasks and trading styles.
CryptoHopper is a multi-purpose platform that combines its hub functions, copying service, social trading, and an investment portfolio management service. The CryptoHopper terminal trades in Bitcoin, Ethereum, Litecoin, and dozens of other cryptocurrencies and tokens, which are presented on partner exchanges. The one-of-a-kind system stands out for the presence of free-of-charge trading bots where you can create and test your bots. The platform also provides an emulator of exchange strategies. There is also an in-depth training system.
| Bitsgap | Cryptohopper | |
|---|---|---|
| Overall Pros | a wide range of assets comprising more than 600 pairs of cryptocurrencies; | cryptocurrencies can be traded on any of the partner exchanges from CryptoHopper’s terminal; |
| the presence of several tariff plans with different subscription rates, the size of which can be reduced by paying for 6 months of use in advance; | no fees or fixed payments for using the service; | |
| no trading commissions for transactions or additional fees for making a deposit and withdrawing funds; | profitable partnership and investment program; | |
| trading using bots is allowed without additional commissions; | service for copying transactions and auto-trading bots; | |
| integration with more than 20 major crypto exchanges; | a vast selection of instruments; | |
| a 7-day trial version of paid plans is available without verification; | synchronization of accounts on diverse exchanges; | |
| availability of a functional trading platform based on TradingView. | large trading volumes. | |
| Overall Cons | you cannot trade with leverage; | free mode is extremely limited in functionality. |
| lack of a license from a reliable regulator; | ||
| no online chat and phone support. |
Bitsgap vs Cryptohopper: Safety and Regulation
| Regulated By: | Bitsgap | Cryptohopper |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Bitsgap vs Cryptohopper: Trading Conditions
| Trading Conditions | Bitsgap | Cryptohopper |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
Bitsgap |
Cryptohopper |
Max Leverage (Futures) |
44562 |
44835 |
Number of Markets |
1300+ |
500+ |
Trading Accounts |
4 |
1 |
Base Account Currencies |
USD, EUR, cryptocurrencies |
Cryptocurrencies, Fiat currencies |
Bitsgap vs Cryptohopper: Fees
Trading Fees
| Fee | Bitsgap | Cryptohopper |
|---|---|---|
Max Maker |
0 |
0 |
Max Taker |
0 |
0 |
Min Maker |
0 |
0 |
Min Taker |
0 |
0 |
Debit/Credit Card Purchase Fee |
0 |
0 |
Futures Trading fees
| Fee | Bitsgap | Cryptohopper |
|---|---|---|
Max Maker |
0 |
0 |
Max Taker |
0 |
0 |
Min Maker |
0 |
0 |
Min Taker |
0 |
0 |
Non-Trading Fees
| Fee | Bitsgap | Cryptohopper |
|---|---|---|
Account Fee |
Basic $24/mo, Advanced $57/mo, Pro $123/mo. |
Pioneer - 0%; Explorer $16.58/mo; Adventurer $41.58/mo; Hero $83.25/mo |
Deposit Fee |
No |
|
Bank Transfer Withdrawal Fee |
Not supported |
|
Debit/Credit Card Withdrawal Fee |
0 |
|
BTC Withdrawal Fee |
0 |
|
Inactivity Fee |
No |
Bitsgap vs Cryptohopper: Trading Assets
| Asset Name | Bitsgap | Cryptohopper |
|---|---|---|
Overall |
1300+ |
500+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
Yes |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
No |
NFT |
No |
Yes |
Crypto ETF |
No |
No |
Bitsgap or Cryptohopper: Investment Programs
| Asset Name | Bitsgap | Cryptohopper |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Algoritmic Trading |
Automatic Trading, Social Trading, |
Trading Platforms: Cryptohopper or Bitsgap
| Bitsgap | Cryptohopper | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Cryptohopper or Bitsgap
| Bitsgap | Cryptohopper | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Cryptohopper or Bitsgap
| Bitsgap | Cryptohopper | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Cryptohopper or Bitsgap
| Bitsgap | Cryptohopper | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Cryptohopper or Bitsgap
| Bitsgap | Cryptohopper | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
Yes |
Bitsgap vs Cryptohopper: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitsgap | Cryptohopper |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
Yes |
Bitsgap vs Cryptohopper: Research
| Research Type | Bitsgap | Cryptohopper |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Bitsgap vs Cryptohopper: Education
| Education Type | Bitsgap | Cryptohopper |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
No |
Cryptohopper vs Bitsgap: Support
| Support Features | Bitsgap | Cryptohopper |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
No |
Request form |
Bitsgap vs Cryptohopper: Crypto Bonuses and Promo
| Promo | Bitsgap | Cryptohopper |
|---|---|---|
Crypto Bonus |
Temporary bonus offers |
30% Sign up Bonus Hero Pro Cryptohopper Subscription, temporary bonus offers |
Affiliate Program |
Refer A Friend (RAF) is a program with a reward of $10 for each connected referral who has got a paid package. The partner also receives 30% of the subscription fees of all invited friends who continue to use Bitsgap services. |
CryptoHopper offers a flexible affiliate program based on getting a referral link to invite users. It is available to any verified trader. A user who has registered on the platform using TU’s referral link will bring you income by trading on partner exchanges. The benefits are: up to 15% from each payment of your referral; $1.9 per referral fee for whoever bought the ExplorerHopper package; $4.9 per referral fee for whoever purchased the Adventure Hopper package; $9.9 per referral fee for whoever bought the HeroHopper package. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Cryptohopper
-
Comment
If you want to automatically trade cryptocurrencies, Cryptohopper is a good option. It has both ready-made robot programs and a constructor that helps traders independently create a trading program for automatic opening of orders when trading cryptocurrencies. And here a lot will depend on the trader’s strategy. That's why I chose Cryptohopper.
-
Comment
I think that they shouldn’t write negative reviews of Cryptohopper. Indeed, this is not a standard cryptocurrency exchange. But there are good opportunities for automatic trading on different exchanges. Trading programs are created based on templates. If you have no trading experience, you can use a ready-made trading advisor. Nobody says it is safe and 100% profitable. Everything is like ordinary trading.
-
Comment
It is better not to start working with cryptohopper. It’s a terrible platform for exchange or trading, everything here works with problems. And cryptohopper charges a large fee for such services. The exchange administration claims that they do not charge a deposit fee. But when I entered USDT 600, I only received 570. And the rest of the money, according to support, was withheld as a fee. So this is how they deceive traders here.
-
Comment
Tried trading with Cryptohopper's robots and realized that I made a big mistake. You cannot trust third-party software when you are trading and using your own money, especially when it comes to cryptocurrency trading. The robot programs at Cryptohopper are not the cheapest, and you can only test them by fully paying for the rental. As a result, I lost money both in renting and in trading with the robots.
-
Comment
I can confidently say that Cryptohopper is a scam. I don't know what kind of trading bot designer the company offers. I used to rent trading bots that they designed. By the way, I was immediately offered ready-made programs for trading. And it was these Cryptohopper bots that led me to lose almost BTC 0.38. Of course, no one returned my money to me.
Top 5 Reviews on Bitsgap
-
Comment
Bitsgap raises suspicion of being a potential scam. Withdrawal fees, in particular, are surprisingly high, with the exchange imposing charges across all currencies. Exercise extreme caution when dealing with Bitsgap, as their practices may not align with your expectations or financial interests.
-
Comment
Carefully! Bitsgap is probably a scam. Although they write that there are no commissions. But apart from any tariff plans, Bitsgap has commissions. The commission for withdrawal is far from small, the exchange takes a commission for withdrawing money in any currency. I do not advise!
-
Comment
From the very beginning, I did not like Bitsgap very much. There were mixed feelings. Either trading is normal, then suddenly the server will disappear unexpectedly. And now they don't even want to withdraw. I waited a week, and wrote a complaint, so they answer, they say, you know, times are hard. Fine? Looks like another bankrupt is waiting for us soon.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.