Crypto Trading Bot

With its advanced trading features, user-friendly interface and low trading fees, Immediate BitXDR has quickly become a go-to option for many cryptocurrency traders. There are 16 automatic crypto trading bots accessible on the exchange, all of which are completely free to use. All of the bots are cloud-based, so you don’t have to leave your device on for them to run in the background.

Then click the “Create a bot” in the lower right corner and select the“Grid Trading Bot”. Bank deposit is also an option on Immediate BitXDR but only for EUR and via SEPA. Users will need to complete a bank transfer to Immediate BitXDR IBAN in order to deposit the funds. Immediate BitXDR delivers to its users the following advantages that competitors cannot seem to offer.

If you make a trade order that is instantly matched with an existing order, you will pay the taker fee. When you “buy low and sell high,” the Infinity Grid Bot is there to support you every step of the way. It ensures that the total number of assets remains constant while the price of the assets continues to rise. With the Infinity Grid Bot, you’ll never have to be concerned about the price of a grid surpassing the price range you’ve set for it. Installing the Immediate BitXDR Lite application is required before you may trade in USD.

This automated bot works in a similar way to grid trading, however, allowing the trader to apply leverage to a position. Leverage is a double-edged sword that can increase profits as well as potential losses. However, in a space full of centralized exchanges (CEXs), it isn’t possible or advisable to onboard a platform simply based on ranking. As an advanced trader or even as a new, crypto-curious individual, you should focus on the offerings, fee structure, customer service setup, and other factors before taking a call. The meaning of this indicator is that after the user creates the grid, the average number of days after the price will first exceed the grid range. Compared with AI 1.0, the grid profit of AI 2.0 on all trading pairs has increased by 97.22% on average.

• Cryptocurrency trading bots can help to prevent erroneous trading choices induced by human factors in the unpredictable digital asset market.
• However, to help you navigate the complexities of futures trading, a demo terminal allows you to learn the nitty-gritty of derivatives trading using made-up funds.
• If you’re looking for a demo account, you may want to pick an alternative crypto trading bot.
• This website is using a security service to protect itself from online attacks.

On the trading screen, users will have access to an orderbook and transaction list on the top of choosing whether to use the Trading Bot or perform a Manual trade. Backtesting a Immediate BitXDR trading bot involves testing its performance on historical market data to see how well it would have performed in the past. As such, the platform has implemented several security measures to protect its users’ funds. These measures include 2-factor authentication, SSL encryption, and IP whitelisting. The bot works by setting a trailing stop order that adjusts to a certain percentage or dollar amount below the current market price of the cryptocurrency. A TWAP bot can be set up to buy or sell a specified amount of a cryptocurrency over a certain period, with the goal of achieving an execution price as close to the TWAP as possible.

Immediate BitXDR features low trading commissions and a fully fleshed-out mobile app. We believe Immediate BitXDR would be a great option for high-volume and mobile investors. Above is an introduction to the Immediate BitXDR exchange including its advantages and disadvantages and its main features. The exchange has been regarded as the top crypto trading bot and consistently provides quality trading advice. The exchange has several bots to allow users to control their Immediate BitXDR arbitrage bot trading. Some of the main bots include – DCA Bot, Martingale Bot, Infinity Grid Bot and leveraged trading bot.

https://immediatebitxdr.com/ currently has a trust score of 5.8 out of 10, per CoinMarketCap’s evaluation. Also, it offers Perpetual trading options in addition to supporting spot trades. Additionally, users can purchase cryptocurrencies with a card, but they will need to complete level 2 KYC first.

Its spot trading interface is streamlined, and the trading bots meant for automated trading are easy to work with. The exchange offers more than 370 cryptocurrencies including many lesser-known altcoins at very low trading fees. https://strangebrew.finance/immediate-bitxdr-review/ is also one of the most active exchanges in the market with a daily spot trading volume of $1.5 billion. Immediate BitXDR, which has its headquarters in Singapore, is the world’s first cryptocurrency exchange to have built-in automated trading bots. The exchange originally opened in 2019 and has since evolved into a global cryptocurrency marketplace. Immediate BitXDR is the world’s first cryptocurrency exchange with built-in automated trading bots, first launched in 2019 and has since grown into an international crypto platform.

This is especially handy if you have long-running Bots that have already generated a significant profit. This helps to secure your profits and make sure they won’t be lost by the bot. The Stop Loss price feature allows you to set an optional “emergency” sell price below your lower limit price (or above the upper limit price on Short-Bots). If that price is reached the bot will be closed and all base-assets will be sold to prevent further losses if the price keeps going down. Immediate BitXDR, in general, protects its users and the security of their funds on the exchange with four crucial security measures. In particular, Immediate BitXDR has been regulated in both Singapore and the United States since April 2020, providing traders with peace of mind.