This platform has a wider variety of trading strategies available (23) and implies minimal risks. Immediate BitXDR is a second-tier crypto trading exchange for trading bots established back in 2019. The platform has 16 free bots designed to automate your trading via technical analysis, event triggers, and trading indicators. Immediate BitXDR supports 379 cryptocurrencies at the time of writing with pairs with 7 base currencies like BTC, ETH, USDT, BNB, BUSD, HUSD and USDC.
With that said, for those with a solid understanding of technical trading, Immediate BitXDR is one of the crypto platforms on the market. This approach helps keep the bots relevant and aligned to the market conditions. You can also customize the parameters of the bots to make profitable Grid and other use-case-specific trades. These are DCA bots, rebalancing bots for HODLing, leveraged bots, and more. Once you finish the KYC verification process, you can immediately start accessing the 16 free trading bots this crypto broker offers.
The platform offers a wide range of pre-built trading bots that cater to various market conditions and trading styles. Unlike fiat withdrawals, withdrawing cryptocurrencies are subject to certain transaction fees depending on the cryptocurrency used in trading. Note that, irrespective of the trading volume and deposit methods, crypto deposit at Immediate BitXDR is free of cost. Immediate BitXDR features an ETH staking program where both existing and new traders can invest in crypto assets in the Curve or Lido platform with absolute transparency and zero leverage. It is one of the simplest forms of investments offered by Immediate BitXDR, where traders can stake Ethereum tokens and earn income.
- The most popular bots on the platform are the Grid Trading Bot, Infinity Grids, and Leveraged Grid Bot.
- Traders will find Immediate BitXDR to be a good low-fee choice since its trading fees are incredibly competitive at only 0.05%, and there is no minimum transaction volume requirement.
- Having said that, you won't be able to use any of their services until you complete the level 1 KYC verification process.
- Leveraged Grid Bot is a more complex trading technique based on the grid bot, as it employs leverage to multiply your investment and, therefore, your profits.
Such a policy makes the exchange quite affordable for newbies and small traders but far less attractive for whales, enterprises, and experienced traders with bigger-than-average wallets. The cryptocurrency trading exchange also focuses on its mobile application and other features like advanced coin ranking, charts, live support, and custom interface you can adjust however you like. If you're a newbie trader, the exchange might be an excellent automated trading fit, as both account opening and bots are free. You only need an initial deposit to get started with one of the bots available. For those unsure, the exchange prepared a series of detailed tutorials to explain how bots work and what are the best ways to use them for profit. As KuCoin and https://shikbank.org/2024/01/10/immediate-bitxdr/ both provide grid trading bot and DCA Bot, we’re going to compare the difference between these two bots on each platform.
Our Immediate BitXDR review will help you learn more and decide if you’ll benefit from opening an account. Traders will find Immediate BitXDR to be a good low-fee choice since its trading fees are incredibly competitive at only 0.05%, and there is no minimum transaction volume requirement. Rather than having to worry about every trade taking a bite out of your earnings, you can just sit back and let the bots do their thing. This bot was created in order to cater to investors who have a tendency to sell too soon in a rising market. Using the trailing sell bot, you may define numerous target prices that will rise in value as the bot continues to operate. Every time one of your targets is attained, the bot will automatically sell a predetermined percentage of your remaining assets.
The US MSB (Money Services Business) licence has been obtained by https://immediatebitxdr.co/. Binance, Huobi and several top exchanges have been licenced in the similar way. Your portfolio will be rebalanced every 5 minutes by the rebalancing bot. The bot will skip that period and wait for the next one if the rebalancing amount is less than the minimum order value for that pair.
The most significant distinction between them is that the unit of measurement for computing income is different. The platform’s intuitive interface and helpful customer support make it easy to navigate, while its robust security measures ensure that your funds are always safe. This means that traders can stake their cryptocurrency holdings or earn interest on their balances directly from the Immediate BitXDR app, without having to switch to the desktop platform. Firstly, it’s worth noting that Immediate BitXDR is a centralized crypto exchange, meaning that it holds custody of users’ assets. If you’re considering using Immediate BitXDR as your trading platform, you may be wondering how secure it is. After all, security should be a top priority when it comes to handling financial assets online.
Additionally, Immediate BitXDR does not charge any fees for fiat deposits which further adds to their appeal for those looking to save money. Immediate BitXDR offers limited support for fiat deposits compared to other exchanges. Bank deposits can only be conducted for EUR via SEPA while more fiat currencies are supported for those who want to buy crypto with card via third-party providers. They do not charge any fees for futures trading with a 0% fee for makers and 0.02% for takers. Spot trading is available, which allows users to buy a wide range of cryptos.
In general, we believe Immediate BitXDR to be a safe exchange that can be used to buy, sell, and trade cryptocurrencies. Immediate BitXDR provides a very high level of customer service, which makes them highly accountable to its customers. Several alternative methods are available for getting in touch with Immediate BitXDR’s customer support personnel. The profitability of the bots depends on many factors, such as how you set up the bot, what trading pair you choose, and how much risk you are willing to take. You can also get a fee discount if you are a VIP user, which depends on your trading volume.