Immediate Edge Review
Find Out If Immediate Edge Is Legit or a Scam Trading BotăUpdated For 2023ă
Name: Immediate Edge
Description: Find Out If Immediate Edge Is Legit or a Scam Trading BotăUpdated For 2022ă
Platform Price: 0.0
Platform Category: Trading Platform
Author: Jeffrey Taylor
Summary
Immediate Edge is an excellent cryptocurrency exchange that lets you automate your trading with 18 free bots. Is this method, however, too good to be true? Our Immediate Edge review will teach you more about the service and help you decide whether or not you should sign up. Signing up is completely free, and you can begin at any moment.
Pros
- A smartphone application that is simple and intuitive.
- Acceptance of more than 40 cryptocurrencies for financing.
- Platform interface that may be customized and is easy to use.
- Customer service is available via live chat and email.
Cons
- There isn’t a demo account available.
- There are no possibilities for depositing or withdrawing money in fiat currency.
What is Immediate Edge
Immediate Edge isn’t just another cryptocurrency exchange, Immediate Edge also offers free bots that can be used to develop configurable automated methods. Grid bots, arbitrage bots, rebalancing bots, Infinity grids, and many other trade bots are available. The best aspect is that exchange trading fees for maker and taker are only 0.05 percent, which is among the cheapest in the industry. They are able to offer such low costs because they are the top market makers for exchanges such as Binance and Huobi, and because they source their liquidity from these exchanges. You don’t need any prior experience with automated or cryptocurrency investing, just allow their bot services to get started.
Immediate Edge: Account Creation
Registration
It’s easy to create an account; simply click the “Sign Up” button on the website and fill out the form online to create a set of login credentials. A verification code requires either a phone number or an email address, and you’ll need to fill out KYC details to boost your daily limits, although that is optional.
Deposit
Immediate Edge only accepts cryptocurrency deposits, albeit it supports 40 different digital currencies, including Ethereum (ETH) and Bitcoin (BTC). Your wallet must be devoid of fiat currency when utilizing the platform. Stablecoins like USDT are also supported, making them an excellent alternative for avoiding price volatility across exchanges and limiting the risk of account capital loss.
Coinbase and Binance are well-known, authorized fiat gateways for international customers that can be utilized to deposit funds into a Pionex account. To avoid losing assets, make sure the deposit networks match; the broker offers clear online training on how to move assets via various gateways. Although each trading pair has a minimum investment order volume, Immediate Edge does not have a minimum investment requirement, balance level, or funding charge. It can take up to an hour for a deposit to appear in your account after you submit it.
Select a trading pair and adjust the GRID Bot’s parameters
A GRID Bot can be used in two ways. If you’re new to the GRID Bot, the AI Strategy can help you get started. Setting up your own approach for using Set Myself mode is also possible. Over the last seven days, the bot has estimated the coin’s volatility. For inner swing trading, the bot constructs the upper and lower values of the channel or range based on this. The Grid Bot then divides the money you’ve set aside for your chosen trading pair. Within the given channel, it creates a grid of limited buying or selling orders. In the Set Myself mode, you can alter the price range, the number of grids, and the distance between them independently.
With the proper understanding, these tweaks will enable you to improve the plan. When using the Grid Bot in manual mode, keep in mind that for the bot to trade profitably, the minimum distance between grids must be greater than the size of the commission multiplied by two (fees for sale and purchase). Pionex gives you detailed information regarding your GRID Bot’s performance. Crypto traders may easily check the performance of their investments using the GRID Bot data.
What kind of services does Immediate Edge provide?
What makes Immediate Edge the finest trading bot to utilize from the many options available? Let’s take a closer look at the many services Immediate Edge provides.
- Automated trading with 16 free bots:
Immediate Edge highlight feature is the 16 free trading bots included with the platform. Traders have a variety of settings to pick from, and the bots may be programmed to function exactly how you want them to. The best thing about these bots is that they’re already built into the exchange. To utilize some other bots, you’ll need to connect them to a different cryptocurrency trading platform. It’s straightforward with Immediate Edge; there are no compatibility difficulties, and it works right away after you create an account.
- Manual trading:
Although Immediate Edge is primarily designed for automated trading bots, it can also be used to perform manual trades, much like a traditional cryptocurrency exchange. You can use a limit order or a market order to buy and sell your coins against USDT.
- Immediate Edge is an excellent low-fee trading platform:
With trading fees as low as 0.05 percent. We haven’t encountered any other crypto exchange with such a low charge that doesn’t require a minimum trade volume. This means you may continue to benefit while the bots trade for you, without having to worry about each transaction eating into your gains.
- There are over 120 different cryptocurrencies that are supported:
With over 120 coins to choose from, Immediate Edge offers a diverse range of crypto assets to trade. With such a vast selection, you’ll almost certainly locate the market you want to trade on.
- Mobile app:
Immediate Edge is available on Android and iOS devices and can be found in the Google Play Store and the Apple Store. With this convenience, you can perform manual transactions or configure your bots whenever and wherever you want.
- Live chat and email customer service:
An email can be sent to contact Immediate Edge team. Another way to contact Immediate Edge customer care department is to go to the broker’s site and click on the “Support” button. Then select “Live chat” from the drop-down menu. A popup window will appear on your screen, allowing you to contact a representative.
- Immediate Edge offers leverage trading:
This allows you to trade selected coins with up to 5x leverage. For example, BTC and ETH, for example, have up to 5x leverage, whereas XRP, DOT, and LTC have just 3x leverage. Leverage trading is a strategy to increase your prospective rewards while also increasing your financial risk. If you are not an experienced trader, we do not recommend utilizing leverage.
- Tutorials on how to utilize each trading bot:
When you choose a bot, you’ll see a “Tutorial” button, which you can use to learn more about the bot and what it’s ideal for. The beginning of the Martingale Bot tutorial may be seen in the screenshot below. For individuals who are new to trading bots, each course includes an easy-to-understand explanation. I invited a buddy who had never used a trading bot to read the Martingale instructions, and he was able to quickly describe what he had learned.
- You can trade on Immediate Edge with confidence because the platform is well-capitalized. Immediate Edge collects liquidity from Binance and Huobi and aggregates it near the ticker price. Pionex is one of Binance’s largest brokers and one of Huobi’s largest market makers in the globe.
Conclusion
Immediate Edge is a prominent cryptocurrency platform for trading bots and is ideal for automated trading beginners. They take you through each bot in great detail, so you know precisely what you’re doing rather than diving in headfirst. To say the least, the selection of 120+ coins and the low trading costs of 0.05 percent are exceptional, and the high liquidity ensures that orders are filled quickly.If you’re still undecided about which trading bot to use, I hope this Immediate Edge review has done a good job of convincing you.
Frequently Asked Questions
Is Immediate Edge secure?
Immediate Edge stores its money on safe exchanges like Binance and Huobi, allowing the company to take advantage of the security features of these high-level exchanges. FinCEN has also granted it an MSB license. Because of these qualities, the broker is secure to use.
Immediate Edge Leveraged Tokens: What Are They?
Immediate Edge leveraged tokens have an optimized rebalancing process and offer margin trading exposure. Rather than a fixed and steady rate, Immediate Edge maintains flexible goal leverage. The names of the tokens are made up of three parts: coin, leverage, and long/short, for example, BTC3L.
For whom is Immediate Edge most appropriate?
Based on the Immediate Edge review, Immediate Edge is best for
- Those who wish to invest in a low-risk plan.
- Those who have a high frequency of transactions and are looking for the best rates
- Cryptocurrency traders on the go
- Those who have a limited amount of time
4.8/5 