Immediate Bitcoin Review
Scam or Not? Keep reading to find out! 【Updated For 2023】
Name: Immediate Bitcoin
Description: Scam or Not? Keep reading to find out! 【Updated For 2021】
Platform Price: 0.0
Platform Category: Trading Platform
Author: Jeffrey Taylor
Immediate Bitcoin is a sophisticated trading software and comes with its fair share of ups and downs. Before you invest in this software, it’s essential to know the advantages and disadvantages involved so you make an informed decision. Here are the pros and cons of Immediate Bitcoin.
- It takes about 10 minutes to create an account
- No license or hidden fees
- Utilizes sophisticated technological tools to aid trading
- Offers demo trading
- Processes transactions swiftly
- Excellent ser experience
- User-friendly interface
- Straightforward trading dashboard
- Enables manual trading
- Various payment methods are available
- Services are not available in every country
- You can’t choose a broker
Trading Bitcoin is thrilling but when you need to change your trading software, it can be a hassle. With the myriad of trading tools available, it’s hard to make a good decision and i struggled with that for a few weeks. Then i came across a thread on Twitter that talked about a trading software called Immediate Bitcoin.
I logged on to their website and registered on the software. For a few months, I’ve been trading with them and my experience has been amazing. So, if you are interested in trading crypto for the first time or you are already a trader and you need to find the ideal tool. Here is my honest review of this trading software.
What is Immediate Bitcoin?
Immediate Bitcoin is a trading solution for cryptocurrency enthusiasts. The software partners with legitimate and licensed brokers to provide its users with the best trading experience. It is a secure and transparent trading environment that is suitable for novices and professionals in the crypto trading space.
Immediate Bitcoin is fully automated but also offers a manual trading option for well-experienced traders. You can perform live trading on the software because the program scans the market and gives predictions. Depending on the settings you use, the software can help you trade whether you are logged in or not. The software is ideal for traders who work full-time and don’t have the time for market analysis or to consistently check their trading portfolio.
How Does Immediate Bitcoin Work?
Immediate Bitcoin works with a sophisticated algorithm programmed to help traders find profitable trading opportunities in the crypto market. It functions on an automated system and doesn’t require third-party interference to function properly. As a user, all you have to do is register on the platform, deposit the minimum amount required, and set your trading position.
You don’t need the experience to trade with Immediate Bitcoin because the software was designed to help traders with no prior knowledge of the market. As a starter, however, invest an amount that you are not scared to lose. The higher your stake, the greater your returns or losses but it’s always ideal to start small as a beginner to test the market.
Features of Immediate Bitcoin
Immediate Bitcoin is an ideal software for beginners and professionals alike. It makes the crypto trading journey feasible by providing market analysis and giving trade signals. Here are some of the most prominent features of this trading software.
When investing in cryptocurrency, it’s ideal to use transparent software. You can confirm the reliability of a trading tool by checking how they deduct commissions after every successful trade and transaction. If there are always discrepancies, chances are the tool is incurring hidden fees. Immediate Bitcoin puts in the required effort to avoid these financial discrepancies by ensuring that they charge the same commission for each transaction. You can confirm the process by checking your wallet balance after each transaction.
Many traders have terrible experiences with crypto trading platforms like losing their profit because they couldn’t close a trade before a major dip. Server errors, slow unresponsive web pages, non-functional features, and downtimes cause most of these issues. However, Immediate Bitcoin provides an excellent user experience, especially during their live trading session. Even after multiple transactions at a go, the software still performs well.
Demo trading is a key unique feature that Immediate Bitcoin offers. With this feature, you get a specific amount of money in your demo trading account. You can then test the market with that amount to see if you are ready or if your strategies are functioning adequately.
If you understand how blockchain works, you will realize that it’s easy for transactions to be breached. And once hackers gain access to your wallet, you actually never get it back. The developers of Immediate Bitcoin understand the risks involved and have strict security measures. So you can make transactions, open and close trades, and rest assured that your data is safe from breaches.
Crypto market trends are constantly changing. So, it’s wise to trade with software that encourages fast transactions. It takes some trading platforms days to complete a transaction which can lead to huge losses on your part. Immediate Bitcoin eliminates the problem by issuing transactions within 12-48 hours.
The software lets you get involved with live trading sessions by carefully analyzing the market and giving you signals. However, the software doesn’t make trades on your behalf.
How to create an Immediate Bitcoin account
Immediate Bitcoin takes around 10-20 minutes to register your account and make it go live in the crypto trading space. To reduce the amount of time you spend trying to navigate the software here is how to create an Immediate Bitcoin account.
Scroll down on the homepage till you see the account creation form. Input your details which are your real name, surname, email, and phone number. After submitting the form, you will receive a call to verify your account on the phone.
When your account has successfully gone live, you have to make a minimum deposit of 250 euros before you can start trading. Before starting trading, you have to choose the demo or live option. Professional crypto traders prefer to start live trading after creating their accounts. But as a newbie, it’s safe, to begin with, demo trading, so you familiarize yourself with the market.
Pros and Cons of investing in Bitcoin
The primary focus of Immediate Bitcoin is to help users trade bitcoin even if they offer other coins. If this is your first time trading bitcoin, then here are some of the advantages and disadvantages of this cryptocurrency.
Advantages of trading bitcoin
Bitcoin has no borders in terms of versatility. It is easily accessible and can be used for purchases across the world. Plus, you can transfer it to another user in minutes. In addition to all these, it comes with occasional bonuses of small exchange fees and can be sold at any time.
Bitcoin users are identified using numerical codes, and a person can have multiple security keys. So you can make transactions without revealing your identity and be safe from fraud on blockchain technology. Additionally, you are the only one who knows the number of coins you have at every point in time. Plus, you hardly suffer from a breach of data privacy because your personal information is not linked to your wallet.
- No central authority is involved.
Bitcoin is a decentralized digital currency, meaning that any government or central bank does not regulate it. So authorities can not freeze your account or demand your coins when they want. You also don’t have to do taxes when using this coin, so you have complete autonomy and control of your money.
Disadvantages of Bitcoin
The creator of bitcoin set a limit to the amount of bitcoin available in the world – 21 million. Due to the limited amount of coins available, bitcoin is commonly considered scarce. So, the scarcity of this digital currency makes it valuable, but its demand can only increase when the price fluctuates. Plus, headlines and simple tweets can affect the price, which can lead t losses on your part as an investor.
- No regulations
Digital currency holds significant risks. Due to the lack of government regulation that this digital currency has, you have no legal protection. So you are susceptible to scams and can’t make a case concerning it because the transactions aren’t recorded to maintain anonymity. There’s also no minimum valuation guarantee because if a group of investors decides to stop using the coin, you will suffer loss.
- Transactions are irreversible
Bitcoin transactions are anonymous and unrecorded, so mistakes are always permanent. If you send more than the intended amount or go to the wrong recipient, you can’t track it down. Plus, you stand the chances of losing every bitcoin you own if you lose the private key to your wallet.
- Not generally acceptable
Bitcoin is accepted by some companies, like Starbucks, as a payment option. But, many countries and organizations haven’t accepted the coin, so it’s not possible to use it everywhere.
Final Words on Immediate Bitcoin
Immediate Bitcoin is a trusted trading software for newbies and professionals. After successfully registering o the software, you get access to crypto-related news, financial market analysis, and explanation of crypto charts. It is an ideal option for crypto enthusiasts who don’t have the time to gain in-depth cryptocurrency knowledge.
Is Immediate Bitcoin legit?
After repeated testings and transactions, it’s safe to say that the software is legitimate. However, it’s essential to do in-depth research before making a transaction. Every crypto investment comes with risks, but this trading tool minimizes the risks by giving you safe training options. For example, it has a stop-loss feature you can use to decide when you want to stop losing profit.
How do I get my profit?
You can withdraw profits directly to your bank by fling and submitting the withdrawal request form. There are no limits to the number of withdrawals you can make daily.
What is the verification process?
You simply have to fill out the registration form on their homepage with your name, email, and phone number. Afterward, you will receive a link in your mail or via text. When you click on the link, your account becomes verified and ready for trading.
Is customer service available?
There are always customer representatives available 24/7 to attend to all customers’ requests.