The blockchain/crypto industry provides a variety of helpful resources for traders. Examples of these software programs are 3Commas, Bitsgap & Quadency that simplifies and automates the trading cycle, allowing users to make steady profits. So, here is a comparision article Quadency vs Bitsgap vs 3Commas.
What is Quadency?
Quadency is an all-in-one automated trading platform. It’s super easy to use. You have the choice between Ready-made and custom trading bots. To start a trading bot, you only have to select one, tweak its parameters and it goes live a few minutes after.
The platform is well designed for professional traders that need powerful technical analysis tools.
What is Bitsgap?
Bitsgap is a trading platform using the GRID algorithm which works by allowing the trader to define range and limits for investment and then it goes ahead to distribute these investments proportionally. Bitsgap is easy to use and an intuitive platform for trading. It allows traders to use more than 20 different exchanges among the best.
What is 3Commas?
At its core, the Miami-based 3Commas is an online platform for people interested in trading cryptocurrencies using automated bots. It is especially attractive for people without a technical background in finance or extensive experience in stock markets.
3Commas is a web-hosted platform that is accessible from any device with an internet connection. 3Commas provide different trading bots that can perform specific strategies such as stop-loss, short, to name a few.
It is also possible to customize unique trading positions using the user interface. The trading bots can also be programmed to operate at specific hours or around the clock non-stop. Let’s start our 3Commas review.
Quadency vs Bitsgap vs 3Commas: Features
- With Quadency you can connect any numbers of accounts from leading global crypto exchanges, and track assets in cold storage.
- Quadency’s library of bots featuring strategies ranging from simple to sophisticated.
- Advanced order types, capture higher returns by defining profile targets and trailing or fixed stops using smart orders.
- Trade unlimited monthly volume on Quadency’s Official Partner Exchanges! See below for details.
- Robust portfolio Management to gain deep insights into your trading performance with dashboard analytics, PnL reporting.
- Bitsgap is a unified interface to control all your exchanges
- Analyze over 10,000 crypto pairs every second, their algorithms automatically detect the coins with the strongest potential.
- Make a profit on a price difference by buying crypto on an exchange where the price is lower and then selling it on an exchange where the price is higher.
- Smart strategy design, create your trading bot strategy with just a few clicks.
- Test before you invest; a backtest will demonstrate how your settings would respond to profit and loss.
- Your funds are kept on the exchange balance at all times.
- The platform is always updated with cloud-based online service
- Assess your bot performance with a fast TradingView chart.
- 3Commas offers its users a host of trading tools that enable them to trade across multiple exchanges, maintain several positions effortlessly and even have access to order types not supported on some trading platforms such as ‘Take Profit,’ ‘multiple Take Profit Targets’ and ‘Trailing Take Profit’;
- The automated trading service enables its users to monitor and manage their assets on more than 18 crypto exchanges using the API feature;
- 3Commas offers a virtual trading account where users can test out their trading strategies without risking their funds.
- A unique feature offered by 3Commas is the ability for users to track and replicate other traders’ positions and portfolios
Quadency vs Bitsgap vs 3Commas: Pricing and Plan
With Bitsgap, users can enjoy different options with unlimited exchanges on the cheapest plan. The problem is that all the subscriptions are at a high price and even the basic one starts at 17 euros which is already huge.
3Commas is relatively straightforward when it comes to the pricing model. It has a fair, transparent, and flexible pricing system with no hidden charges.
Quadency vs Bitsgap vs 3Commas: Ease of Use
This might take a while for newcomers to grasp how cryptocurrencies trading bots operate.
Quadency’s user interface seems simple to use for beginners. You can create an account and start trading easily.
Bitsgap has a good user interface. It is not complicated to find what you are looking for on the website.
3Commas interface works well on desktop browsers but the mobile version can be improved, in general, and is laid out in an easy-to-comprehend way.
Quadency vs Bitsgap vs 3Commas: Exchange Platforms
All services have some major exchanges but Bitsgap is the one which has the most, followed by Qaundency and then 3Commas.
With Quadency, you will have a limited number of choices concerning the platforms. You will have the choice between only 5 different platforms. However, the platforms proposed by them are among the biggest platforms.
Bitsgap is from far the one of the three which propose the most different platforms. It is simple, it almost proposes every platform and has all the big ones. More platforms mean more choice.
3Commas supports trading on multiple cryptocurrency exchanges, including Binance, Bitfinex, BitMEX, Bitstamp, Bittrex, Coinbase Pro, Deribit, HitBTC, Huobi, Kraken, KuCoin, OKEx, and Poloniex.
Quadency vs Bitsgap vs 3Commas:Trading Strategies
All these trading bot platforms can operate off-shelf and customized strategies successfully.
Quadency proposes several strategies. There is a good and large choice. The only problem with this platform is the lack of information on the risk each strategy.
Bitsgap proposes some strategies but the number proposed is not big. On top of that you cannot have any description or information on the strategies which is making the choice even more complicated. However, all the strategies seem to make profits.
3Commas offers a variety of trading strategies that users can create and automate using the platform’s tools and features. Some of the most popular strategies include the Simple Trading Bot, Composite Trading Bot, Smart Trade, Copy Trading, and Grid Trading
Quadency vs Bitsgap vs 3Commas: Privacy and Security
Is Quadency safe?
Yes, Quadency is safe to use. For Quadency, user protection is guaranteed and illustrates in greater details. At contrary for 3Commas and Bitgap the safety precautions are clarified less clearly but still exist.
With Quadency All network communication and sensitive data are encrypted using financial industry best practices and all systems undergo regular penetration testing.
Is Bitsgap safe?
Yes, Bitsgap is absolutely safe to use and does not have access to your funds. All the information delivered to their servers is encrypted. Bitsgap also supports 2FA.
Is 3Commas safe?
Yes, 3Commas is safe and secure to use. 3Commas takes security very seriously and has implemented several measures to ensure the safety of its users’ funds and data. The platform uses two-factor authentication (2FA) to help prevent unauthorized access to user accounts, and it also encrypts all API keys and passwords.
Quadency vs Bitsgap vs 3Commas: Help and Customer support
The three services have good customer support. They resolve problems quickly.
Quadency’s team of experts is there through the setup process and provides ongoing engineering support so you can focus on running your operations. The problem is you can contact them only by email except if you have the highest subscription.
Bitsgap has live chat support. You can also find their blog or contact them through email.
3Commas provides customer support through several channels. Users can access a detailed knowledge base that contains articles and tutorials on various topics related to using the platform. Additionally, users can submit a support ticket through the 3Commas website, and the support team usually responds within 24 hours.
Quadency vs Bitsgap vs 3Commas: Community
Quadency allows you to have access to the news about the cryptocurrencies market. It can be helpful, but they don’t have a big community or forum. They also have a twitter account and youtube channel.
With Bitsgap, you can count on a big community. They are present in a lot of social media and are really active. They also have a blog which can be helpful, however they don’t have any forum or place where their users can share information.
Users can also join the 3Commas community on Telegram, where they can connect with other users, share trading strategies, and get help from the community. The Telegram group is monitored by 3Commas staff members, who are available to answer questions and provide assistance.
Quadency vs Bitsgap vs 3Commas: Conclusion
After reading through thousands of reviews and checking the three services, we have established a firm opinion on which one is better. Judging by our scores alone, 3Commas gains the lead in more categories than Quadency or Bitsgap, mainly in the generated performance. By using one of the services, you can achieve some degree of success. But if you want to have a wider choice of exchanges and cryptocurrencies, secure functionality, Bitsgap should be your top choice. If you want to not pay a lot for your subscription, have secure functionality and an easy user experience choose Quadency.
Frequently Asked Questions
Does Bitsgap have an mobile app?
No, Bitsgap has no mobile application. You can use the platform in the web version on their official website.
Can you lose money with Bitsgap?
You can not lose your money with Bitsgap as they are stored on your exchange. However, note that you will lose your money if you go on the loss while using the Bitsgap bots.
Where is Bitsgap headquartered?
Bitsgap is headquartered at Rotermanni 18, 10111 Tallinn, Estonia.
How can Quadency help a beginner trader?
You can use Quadency to accumulate assets, use Grid trading bot to simply buy and sell assets in a specific rage. Or just trade on multiple exchanges using a single Quadency interface.
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