Bitsgap vs Hummingbot: Hosted bots or open-source framework
Bitsgap is a cloud trading terminal for spot and perpetual futures across 18 exchanges. Hummingbot is a local, open-source Python framework with 318 connectors for centralized venues, decentralized exchanges, and prediction markets.
Hummingbot is free under the Apache-2.0 license, while Bitsgap plans start at $23 per month. Neither product takes custody of funds, but Bitsgap receives API access through its cloud service and rejects withdrawal permissions, while Hummingbot keeps exchange credentials and wallet keys on the operator’s own infrastructure.
Bitsgap pairs a web interface with iOS and Android apps, offering grid bots and futures combo bots up to 10x leverage. Hummingbot has no mobile app and requires local infrastructure. However, it supports market making and arbitrage, with connectors across Ethereum, Solana, BNB Chain, Avalanche, and XRP Ledger.
Quick verdict
The deciding difference is the operating model. Bitsgap packages automated trading into a hosted terminal, while Hummingbot gives operators a free codebase that they run locally or in containers. Both use non-custodial access, but the location of credentials differs: Bitsgap uses exchange API keys through its cloud platform, while Hummingbot keeps API and private wallet keys on the user’s infrastructure.
Choose Bitsgap if a UAE-based cloud service, mobile access on iOS or Android, and ready-made grid or DCA bots matter more than a $23 monthly starting fee. Its futures combo bots support leverage up to 10x, and the platform connects 18 exchanges without adding a trading fee.
Choose Hummingbot if free software, local custody of keys, and 318 connectors matter more than mobile access or ease of setup. Its market-making and arbitrage tools cover centralized and decentralized venues, while Gateway supports on-chain trading across five named networks. The Cayman Islands-based Hummingbot Foundation governs the project.
| Feature | ||
|---|---|---|
| Ratings | ||
| Our score | 4.2/5 | 4.0/5 |
| User rating | No reviews yet | No reviews yet |
| Strategies | 4.5 | 4.5 |
| Pricing | 4.0 | 5.0 |
| Security | 4.5 | 4.5 |
| Ease of use | 4.0 | 2.5 |
| Support | 4.0 | 3.5 |
| Specs | ||
| KYC required | No | No |
| Strategies | Grid, DCA, Terminal | Market making, Arbitrage |
| Exchanges supported | 18 | 318 |
| Custody | Non-custodial (API keys) | Non-custodial (API keys) |
| Free plan | No | Yes |
| Paid plans from (per month) | $23 | Free |
| Backtesting | Yes | Yes |
| Paper trading | Yes | Yes |
| On-chain (DEX) trading | Yes | Yes |
| Mobile app | Yes | No |
| Supported chains | Not disclosed | Ethereum, Solana, BNB Chain, Avalanche, XRP Ledger |
| Platforms | Web, iOS, Android | Desktop, Web, Telegram |
| Fee per trade | 0% | 0% |
| Perpetual futures | Yes | Yes |
| Max leverage (x) | 10 | Not disclosed |
| Limit orders | Yes | Yes |
| New-token sniping | Not disclosed | Yes |
| Prediction markets | No | Yes |
| Built-in yield | No | Not disclosed |
| Points or rewards program | Not disclosed | Yes |
| Company | ||
| Founded | 2017 | 2019 |
| Headquarters | United Arab Emirates | Cayman Islands |
| Investors | Not disclosed | Not disclosed |
| Strengths and weaknesses | ||
| Pros |
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| Cons |
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| Best for | Multi-exchange crypto day traders, Systematic grid and DCA bot operators, Traders managing perpetuals via API | Algorithmic crypto market makers, Developers running local trading infrastructure, Cross-exchange arbitrage traders |
Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.
FAQ
Is Bitsgap cheaper than Hummingbot?
No, Hummingbot is free under the Apache-2.0 license, while Bitsgap plans start at $23 per month. Both list a $0 platform fee per trade, before exchange charges.
Which has more exchange connections, Bitsgap or Hummingbot?
Hummingbot has more connections, with 318 compared with Bitsgap's 18. Its connectors cover centralized exchanges, decentralized venues, perpetual markets, and prediction venues.
Are Bitsgap and Hummingbot custodial?
Both are non-custodial, but they handle keys differently. Bitsgap uses API keys through its cloud service and rejects withdrawal permissions, while Hummingbot stores API and wallet keys locally.
Which one supports mobile trading?
Bitsgap supports mobile trading through iOS and Android applications, while Hummingbot has no mobile app. Hummingbot runs through desktop, web, or Telegram access around its local software setup.
Which platform supports market making?
Hummingbot supports market making and cross-exchange arbitrage, while Bitsgap focuses on grid, DCA, and futures combo bots. Bitsgap connects to 18 exchanges, and Hummingbot has 318 connectors.