Immediate Connect Review
Is it Worth Your Time and Money? Find Out Here in This Immediate Connect Review!
Name: Immediate Connect
Description: Is it Worth Your Time and Money? Find Out Here in This Immediate Connect Review!
Platform Price: 0.0
Platform Category: Trading Platform
Author: Jeffrey Taylor
Summary
Here are our pros and cons of Immediate Connect:
Pros
- Digital assets are insured
- Offers crypto-to-crypto trading for certain coins
- A large variety of cryptocurrencies are available
Cons
- Fees are high for beginners
Summary
Although Immediate Connect has just recently entered the options market, it has already made a name for itself as a promising trading platform. The business actively works to provide its customers with the most convenient trading conditions, such as a simple trading platform interface, no commissions for making deposits or withdrawals, a low minimum deposit, and multilingual customer support available around the clock.
To be clear, Immediate Connect doesn’t charge commissions for trades made on its online and mobile platforms for stocks, ETFs, and options. However, it doesn’t imply everything in Immediate Connect is free; you may have to pay for some things. Carry on reading this Immediate Connect review to find out.
Who Is Immediate Connect Good for?
Immediate Connect is a wonderful option for new crypto investors who are just getting started because it has a user-friendly platform and extensive teaching materials.
As for seasoned cryptocurrency traders who wish to learn more, the exchange’s strong security offerings, trading platform, and staking are a suitable fit.
A different exchange; however, may probably be a better option for you if you are an experienced trader with your own non-custodial, cold-storage wallets and wish to avoid paying higher fees.
While Immediate Connect’s ActiveTrader platform adheres to the same dynamic maker-taker fee schedule, its standard platform—which is subject to higher fees—is more suitable for beginners.
In any combination of the below scenarios or for individual needs, Immediate Connect is a solid pick.
You need an affordable broker:
Immediate Connect provides free cryptocurrency and options trading in addition to the free web- and app-based stock trading.
You want simplicity:
The trading interface for Immediate Connect was created with simplicity in mind. It doesn’t have a ton of features, but it makes up for it via the user-friendliness of the platform.
You’re a newer investor with limited capital:
Immediate Connect is an excellent option for new investors because it allows users to purchase fractional shares of stock for as little as $1.
You want to trade cryptocurrencies or invest in fractional shares.
Few brokerages let investors trade both fractional shares and cryptocurrencies, but Immediate Connect allows customers to do both.
Is Immediate Connect Safe?
The fact that the security Immediate Connect has never experienced a significant hack makes it notable.
Digital assets are covered by insurance in case of theft or security breach losses. In contrast to most cryptocurrency exchanges, Immediate Connect is in compliance with most regulators, including the New York Department of Financial Services. Wherever Immediate Connect operates internationally, the platform follows the regulations.
Immediate Connect does not only keep most of its users’ crypto assets offline, but it also requests the use of two-factor authentication (2FA) to log in or make withdrawals. Additionally, users have the option to implement a strict list of addresses that can accept withdrawals or to completely disable withdrawals from their accounts.
Furthermore, most cryptocurrencies are kept in Immediate Connect’s cold storage facility, which is offline. Cold storage servers are unavailable to hackers because they are not linked to the internet.
Immediate Connect keeps a limited amount of digital currency in its secure online hot wallet. Due to its online storage, the cryptocurrencies kept in the hot wallet are easily accessible.
Assets in Hot Wallet are protected from thefts brought on by security breaches, illegal bank transfers, employee theft, etc.
Fee Structure
Immediate Connect’s fee structure can be pricey for beginners. Many new traders may choose to use the platform because of how simple the trading fees are for web- and mobile-based orders. However, in contrast to other exchanges, these are expensive.
Although ActiveTrader’s fees are more reasonable, new traders may find it challenging to understand them.
Immediate Connect could benefit from reducing its mobile and web-based trading fees if it wants to become an even better platform for new crypto traders.
Furthermore, more than 100 coins can be traded on Immediate Connect. One of its advantages is how many digital assets it offers—more than several well-known crypto exchanges combined. Immediate Connect provides a ton of smaller cryptocurrencies that aren’t as well known yet if that’s what you’re looking for.
Funding Your Account & How Do I Open an Immediate Connect Account?
You’ll need to use a bank account to fund your account. No debit or credit card can be used to pay for it. The daily and monthly financing caps are $500 and $15,000 respectively. Additionally, the daily withdrawal limit is $100,000.
As long as the coins are BTC, ETH, BCH, LTC, or ZEC, you can fill your Immediate Connect account with them if you have cryptocurrencies in another off-site wallet (crypto-to-crypto).
Immediate Connect’s account creation process is simple to follow. You will need to use an ID to prove your identity. Additionally, you’ll need to connect your phone for two-factor authentication.
The last step is to fund your account. Immediate Connect connects to your bank account or card issuer using Plaid. You can begin trading as soon as your application is approved, and your account is funded!
To deposit to Immediate Connect, click transfer in the top right corner of your Immediate Connect account page. Choose the fiat currency option, then continue by selecting bank transfer as the deposit method. Verify that the name listed on Immediate Connect matches the name on your bank account.
Is Immediate Connect Worth It?
One of the best Bitcoin exchanges available is Immediate Connect. Its main selling point is security. The company is legit, and the platform is simple to use.
You’ll probably appreciate using Immediate Connect if most of your cryptocurrency trading involves well-known coins like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or Zcash. Given all those factors, Immediate Connect is unquestionably a cryptocurrency platform that is worthwhile exploring.
However, before you dive headfirst into investing in cryptocurrencies, keep in mind that they are often risky investments and should only account for a small fraction of your overall investment portfolio. Consult with a few stockbrokers to begin creating a diversified stock market portfolio.
Features
A unique trading platform that caters to the needs of its users is Immediate Connect. Both seasoned traders and those who are just getting started can find what they need at Immediate Connect. Furthermore, the platform exceeds all other online trading platforms in terms of the features and services it offers its users. The following are a few exceptional, one-of-a-kind features:
Experiment with a Demo Account
Immediate Connect provides its traders with demo accounts so that they can test out their trading strategies without risking any real money. A new member begins with a sizable 10,000 demo coins to test their trading skills.
Low Initial Investment
The minimum deposit is just $10, and trading can start with just $1. This little initial commitment acts as a motivator for new traders who are afraid to enter the world of trading.
Simple and Quick Withdrawals and Deposits
Immediate Connect allows deposits from a range of sources. Electronic payments are also accepted. The funds are deposited straight into the source or account of the trader’s choice within one to three days after the trader’s request to withdraw their earnings.
Several Assets to Choose From
Over 75 different assets are available for customers to choose from at Immediate Connect, including currency pairs, stocks, indexes, and cryptocurrencies. This gives each trader the freedom they desire.
Conclusion
Immediate Connect is the ideal trading platform for those who enjoy taking risks and the thrill of trading. Over the past few years, Immediate Connect has grown into one of the best online trading platforms.
The platform’s incentive to its hesitant new members is perfectly appropriate, with a minimum deposit requirement of just $10 and a minimum commitment to start trading of just $1.
Furthermore, beginners will pick up strategies and tricks for understanding and using market trends in their trading. Owners of VIP accounts can schedule private training sessions. On the demo account provided to the user, 10,000 demo coins can be used for practice. Beginners in trading should not think that they are incapable of learning the game.
Additionally, Immediate Connect has no withdrawal fees and offers bonuses on deposits. The trading platform is incredibly safe and secure in comparison to other platforms on the market.
Last but not least, Immediate Connect is the best trading platform for consumers who wish to make money quickly.
We hope you’ve enjoyed this Immediate Connect review!
FAQs
Is My Crypto Safe with Immediate Connect?
Immediate Connect is a reliable platform that goes through annual security penetration tests and has third-party security certifications to guarantee that the data and assets of its users are protected. Additionally, Immediate Connect offers wallet address whitelisting, two-factor authentication (2FA), and cold storage insurance for specific cryptocurrency losses.
Is It Possible for Traders to Practice Trading?
The demo account is a free account that lets users experiment without limitation before engaging in real-money trading. Each demo account is given 10,000 demo coins. People can practice trading by using options on this account.
Does Immediate Connect Work?
A demo account is available for free, and each one comes with 10,000 demo coins (as mentioned above).
The standard account must be created with a minimum deposit of $10. $1 is the minimal exchange amount. The lowest amount an account holder can withdraw is $10. It could take as little as one day or as much as three days to complete a withdrawal.
How Many Accounts Can I Have?
A single person is only permitted to have one Immediate Connect account. To avoid breaking this rule, if you already have an Immediate Connect account and want to create an Immediate Connect pro account, use the same login email address.
4.8/5 