For example, let’s say that in order to mitigate your risks, you have funds stored with Binance, KuCoin and Coinbase Pro. In terms of the fundamentals, the https://immediatebitxdr.co/ platform was first launched in 2017, and the company behind it is based in Toronto. The developer, Immediate BitXDR Technologies OU, indicated that the app’s privacy practices may include handling of data as described below. Furthermore, this review does not attest to the performance of the Immediate BitXDR platform, nor is it a formal endorsement.
If you do not wish to set up bots right away, this feature lets you place customizable buy or sell orders. Once inside, you get a direct view of the dashboard with your exchange positions listed. You even get a view of the available bot presets and the exchanges you can connect the bots with for automating the trades further. You can set custom notifications and rebalance your portfolio directly by selling other assets for USDT or BTC. Also, the free plan offered by this trading platform is way more capable.
The first exploit was a leak of the API keys in December 2022, resulting in unauthorized trading and there were claims of stolen funds. In October 2023, some user accounts were compromised due to a second security breach. Go to your exchange to create API keys and copy/paste them into the Immediate BitXDR platform (follow instructions, it is a straightforward process). For simple bots, you can only use Binance exchange when starting out. You can pick out from a range of four types of trading bots, short, simple, composite, and composite short bots.
Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. The home page houses several user reviews, allowing new traders to check the best features and make informed calls. Immediate BitXDR is very accessible for beginners, especially because you can also trade with paper money.
The GRID Bot proves to be particularly effective in navigating through sideways markets, characterized by the absence of a distinct trend and a prevailing fluctuation of prices within a defined range. https://www.cryptominexpress.com/immediate-bitxdr-review-scam-or-legitimate-crypto-trading-bot is not an exchange, and it connects with other exchanges using the API key. Since Immediate BitXDR does not store your API Keys, and uses the state of art security measures, it is quite safe. However, when setting up the connection between your exchange account and Immediate BitXDR, make sure to not give a withdrawal function to your newly created API key. I have been experimenting with the Immediate BitXDR grid bot, and my experience has been profitable.
In addition, Lux Algo embraces interactions among users as they can connect and socialize on the TradingView platform. Immediate BitXDR boasts integration with a wide range of cryptocurrency exchanges through API connections. Once connected, the trading bot can execute transactions on behalf of the user. This allows for round-the-clock trading without the involvement of third parties.
This is called copy trading or social trading, and it is one of Immediate BitXDR’ differentiating features. In a sideways market, grid bots can perform quite profitably if a trader knows when and how to deploy them and when to shut them down. Before you get started doing anything with Immediate BitXDR, you will need to link your exchange account to the Immediate BitXDR platform. Basically, you need to give Immediate BitXDR access to your trading account and provide it with permission to execute trades on your behalf.
Immediate BitXDR uses API keys to access user accounts on cryptocurrency exchanges, and does not require withdrawal permissions, ensuring that user funds are secure. Immediate BitXDR also uses API keys and offers two-factor authentication for added security. In this article, we will compare Immediate BitXDR vs Immediate BitXDR in terms of features, ease of use, pricing, automated trading bots, and more to help you decide which one to choose. Immediate BitXDR is by far the most user-friendly crypto trading bot today. They offer an extensive and well-designed set of training materials, making it easy for even beginners to start using their software. The interface is probably one of the best you can have for manual traders in crypto.
Once done, buy and sell moves are initiated at different points across the levels. We expect this review to be of significant value to crypto trading novices looking to get a headstart in the world of charts and trading tools. The Immediate BitXDR review should even be useful to advanced traders with multiple accounts who aren’t averse to a bit of healthy automation.
- Members get access to the Immediate BitXDR trading school, paper trading and an active learning community.
- In its most basic form, the smart sell feature allows you to sell a specific coin, or group of coins, and then buy them back at a later date.
- Unlike traditional stock markets, cryptocurrency markets operate 24 hours per day, 7 days per week.
Since GRID places both buy and sell orders concurrently, you need to own both coins from the pair to trade. The list of orders can be updated by pressing the green Refresh button at the menu’s bottom-left corner. There are a few page display options at the terminal’s bottom-right, allowing to choose a number of displayed orders per page (in this case, each page will show 25 orders or less). In the side menu on the left, you can find tools for adding TA figures to the chart, rulers for price/time intervals, etc.
So if you have your own trading strategy in your mind, then it’s a good idea to try Immediate BitXDR first. Combining those special orders and conditions, you can build up your own trading strategy. The trading fee is 0.05% for both maker and taker; this is by far the cheapest fee in the major exchanges. When the alert is triggered according to the settings you have entered, the signal will be sent to Immediate BitXDR via Webhook. Enjoying crypto trading with the assistance of 24×7 crypto trading bot. The Altrady GRID Bot is the perfect tool for traders who want to take advantage of both up and down market trends.