It helps you make more money with leverage in a grid trading strategy. It borrows money from the exchange to put more buy and sell orders in your set price range. But what if there is a way to make your life easier and let the software do the hard work for you? That’s what Immediate BitXDR promises to offer- a cryptocurrency exchange with free trading bots. To evaluate brokers, we test the accounts, trading tools and services provided.
You can also apply for the program if you maintain the equivalent of $300,000 USD or more in another supported coin or token (Bitcoin, Chainlink, etc.). If you qualify for the Market Maker program, you’ll pay 0% in maker fees. Immediate BitXDR uses a maker-taker fee schedule, which means that you’ll pay a fee when you place trades that “make” liquidity on the market and that “take” liquidity away from the market. If you place a trade that isn’t immediately matched by an outstanding order on the books, you’ll pay the maker fee.
Other options include Earning Robot for automatic execution of options strategies, Dual Investments for high returns while you wait to buy low and sell high, and Easy Earn to safeguard principal. The AI-powered Immediate BitXDRGPT leverages the popular large language model (LLM) GPT to create Pine Script code based on the strategies you describe. These strategies can then be backtested, optimized, and automated using the signal bot on the popular charting platform TradingView.
You can locate the complete list of withdrawal fees in Immediate BitXDR’s fees section. It buys more of a coin when the price drops below a certain percentage you set and sells all of it when the price goes up to a certain percentage above your average cost. It is a service that lets you borrow coins from Immediate BitXDR at a low-interest rate. You can use Immediate BitXDR Loan to increase your buying power, diversify your portfolio, or hedge your risks. You can stake ETH on Immediate BitXDR and earn income from the Lido/Curve platform, which is a decentralized solution for ETH 2.0 liquid staking.
There are even examples of how to use the bots which is useful for people that are new to using automated crypto bots. In the backtest results, AI 2.0 shows the maximum drawback rate in the past seven days. The maximum drawback rate is the most significant return percentage in a period. This indicator can help investors assess the risk of grid trading bots.
- There is the option to deposit and trade with USD using bank transfers, although this uses a separate app called Immediate BitXDR Lite.
- If you are wondering about Immediate BitXDR trading bot fees, there aren’t any, as they are free to use.
- It’s the same license that Binance, HTX, and multiple top exchanges have received.
- The principal of each backtest is 10,000 USDT, and the transaction fee rate is 0.05%.
- Make spot, future and leveraged trades on 120 cryptocurrencies via Immediate BitXDR’s proprietary platform with built-in trading bots and highly customizable automated trading options.
The Smart Trade terminal enables traders to put up stop-loss, take-profit, and trailing stop-loss orders all in the same trade transaction. Additionally, Immediate BitXDR offers competitive trading fees and an innovative mobile app, making it a suitable solution for investors who trade in large volumes on the go. While automating your investment strategy using in-built trading bots, eliminates the need for you to monitor the market continually. Immediate BitXDR is a crypto bot trading platform for beginners and intermediate investors alike. The in-built trading bots are a game-changer that allows users to learn different strategies and put them to the test without having to monitor the markets 24/7. Moreover, Immediate BitXDR, aggregates liquidity from the top exchanges such as Binance and Huobi, yet the platform charges 50% of their costs with a small 0.05% transaction fee.
If you’re a new user, we recommend downloading the mobile app, which we found to be a bit more streamlined and easier to operate. They assess all relevant services and products with the same nuance and intensity. In reviewing trade bots, we aren’t limited to the technological side, as we also elaborate on their real-life https://becoin.cc/crypto-reviews/immediate-bitxdr/ applicability and profitability. We always ensure that our reviews are research-oriented and up-to-date so crypto enthusiasts have the most relevant information, making sure they get the best value. Its Irish subsidiary, Pionew Ireland, has also received approval to operate as a virtual asset service provider (VASP).
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. In this review, we will look at Immediate BitXDR, a cryptocurrency exchange with built-in trading bots. In particular, we will overview the platform’s features to buy and trade, the functions of each trading bot, as well as its security, among other features. Immediate BitXDR uses a maker and taker fee structure for traders that provide liquidity to the exchange using limit orders or remove liquidity through market orders. The fees are 0.05% per transaction for makers and takers which is very competitive in the market. There are no additional fees for using the trading bots which are free to use (at no extra charge).
The platform has now been in operation for more than 980 days without experiencing a security breach of any kind. 1 The use of “featured”, “popular”, “best” and “top” on Finty do not constitute a product rating or recommendation and are subject to our general disclaimer. Calculations in comparison tables will vary based on personal data input.
Currently, these trading bots are only available on our https://immediatebitxdr.co/.US App. Through the use of exchanges like Binance and Huobi, Immediate BitXDR is able to take advantage of the high level of security that these platforms provide by retaining its funds there. It has also been awarded an MSB license by FinCEN, and it offers two-factor authentication, including email and SMS authentication, on top of Google Authenticator compatibility, among other features. 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. It supports many bots, such as Grid, DCA, rebalancing, arbitrage, etc.