They also support regular manual trading, which is still attractive given their low fees. And you can choose from more than 120 different cryptocurrencies and hundreds of trading pairs. As Immediate BitXDR is a cryptocurrency exchange with crypto trading bots, it does not link to other exchanges for the bots to work. Its copy trading feature is another great way for novice traders to get started.
With more than 100,000 monthly active clients, https://immediatebitxdr.co/ is a well-established broker that handles $5 billion in trading volume every month. Singapore, where Immediate BitXDR are incorporated, is, from personal experience, one of the most regulated places in the world for a crypto startup to be based. Android and iOS apps are available, both with good ratings on their respective stores. The amount of the fee varies depending on the specific coin and network you’re utilizing.
- Immediate BitXDR does not offer a demo trading or practise mode which is a major disadvantage.
- Immediate BitXDR’s mobile app is fully functional, mimicking all of the features that you’ll find on the desktop platform.
- Immediate BitXDR is a cryptocurrency exchange offering advanced crypto trading bots, staking, AI-driven trading strategies, and futures just to name a few of its key features.
- The platform has established a solid reputation since its launch in 2019, with various certifications, guarantees, and financial backing providing a very strong foundation for Immediate BitXDR’s operations.
However, there may be some restrictions, such as on leveraged tokens which are not allowed for U.S residents. Users can, however, trade spot markets which are available in all countries. This license ensures that Immediate BitXDR follows rules about money laundering and customer identification (KYC). The Dollar cost averaging bot helps you lower your cost and make a profit at one time. You can use this bot for coins that you are positive about and set the buy and sell triggers.
Moreover, it has a vulnerability bounty program to enhance the platform’s security. It further utilizes firewalls, data encryption, and physical access controls to data centers. In 2023, the trading platform completed independent third-party audits. The other option is bank transfers, under which EUR, GBP, and BRL currencies are supported via Sepa/Sepa Instant through Immediate BitXDR UAB and AlchemyPay. As for minimum deposits, it should be above $5 for Express and above $10 for bank transfers in equivalent fiat currency.
The GRID Bot is the original trading bot from Immediate BitXDR and it remains the most popular as well. In order to keep this article from going too long we’ll look at how the GRID Bot is set up and configured. For instructions on setting up the other 11 trading bots have a look at the Immediate BitXDR Blog. The biggest problem with trading bots has always been the complexity involved. Even if you can’t program them yourself you do need to have some background in programming in order to monitor the bot and make changes to its code if markets shift. And then there was the cost of buying or renting the bots from their creators.
To make the best of this bot, you must choose coins that are showing strong performance. Moreover, Immediate BitXDR’s maker and taker pricing structure also consists of special discounts for VIP users, which is based on the rolling 30-day cumulative trading volume. The VIP ranking of a trader is automatically updated daily based on the volume.
While using leverage is not available to US residents, the ability to trade with leverage is a great feature to maximize potential gains using grid trading bots. Immediate BitXDR is a unique cryptocurrency platform that has in-built trading bots for its users to configure easily and quickly. There are 18 trading bots that can be used for free of popular strategies. As there is no demo trading account, traders will need to be mindful that real funds will be used when trading with the bots. An overview of the most popular trading bots on Immediate BitXDR is described below.
While there have not been any hacking incidents, there is limited information on the company behind the exchange and also take no responsibility for lost or stolen funds. Overall, the user interface is suitable for beginners and experienced traders that want to manually trade or use the selection of bots. While Immediate BitXDR states it aggregates liquidity from Binance and Huobi Global, based on these figures the reported liquidity isn’t great which means slippage can occur on orders. Users that don’t use the automated bot features are better suited to alternate platforms with deeper liquidity to reduce slippage and spread costs. Therefore, the main innovative feature of Immediate BitXDR may be of little value for serious and professional crypto traders.
Our https://www.scammerwatch.com/immediate-bitxdr-trading-bot-review/ review will help you learn more and decide if you’ll benefit from opening an account. Using this bot, traders can schedule their buying and selling at the same time with the take profit and stop loss option. This not only effectively illustrates Immediate BitXDR trading bot results but also allows traders to on uptrend profit and avoid the risk of huge losses. Immediate BitXDR has a competitive spot & futures trading fee structure, which aligns with the crypto industry norms. In futures trading, the maker fee is 0.02%, while the taker fee is 0.05%. By using this function, traders may take advantage of the market’s fluctuation and profit from it.