Immediate Edge Review
Check out our Immediate Edge trading platform review before signing up! 【2023】
- Demo account.
- Back testing is possible.
- User-friendly platform.
- High level of security.
- A demo account is available.
- A user-friendly platform
- Connects to the most popular exchanges.
- The variety of pricing options are available.
- The core crew is open and honest.
- Immediate Edge is a great place to test out your trading strategy.
- There is no mobile app.
Cryptocurrency trading has the potential to be an exhilarating experience. Nonetheless, the prospect of constantly monitoring the markets to keep up with your trading plan is less appealing. Immediate Edge differs from other trading bots in that it does not necessitate any prior coding knowledge on your part. Are you interested in learning more about how Immediate Edge might improve your bitcoin trading? In Immediate Edge review, we’ll go over everything you need to know.
What is Immediate Edge?
Cryptocurrency trading rules can be created and executed automatically with Immediate Edge. To control their trading accounts, Immediate Edge users can establish rules that must be met. The Immediate Edge robot will perform a programmed action if the provided condition is met. Likewise, if the criterion is not satisfied, the operation will not be carried out. In order to deliver customized solutions to generic approaches, Immediate Edge promotes simplicity and efficiency. Traders have a wider range of options to pick from because the system supports multiple cryptocurrencies. The program gives users the option of customizing their trading methods and even inventing new ones.
Immediate Edge: Account creation
Register
Immediate Edge sign-up process is quick and easy. You’ll need a valid email address and a strong password to get started on this platform. You can also join up using your Google or Facebook account if you’d prefer. When you submit your information, Immediate Edge will send an email with a verification code to the address you provide. Verify your account with this code and then log in for the first time.
Link an exchange account
Linking an exchange account is the next step after signing up. On the “exchanges” page, you’ll find a list of all the exchanges to which you can connect your wallet. If you require more exchanges, you can upgrade to a more expensive plan. Although there are significant differences among exchanges, the procedure of linking an account is generally the same. The API key and its accompanying secret key are the two pieces of information you will need.
The API maintenance page can be found in a variety of places on the website, depending on which trading platform you’re using. Creating a new coin rule is required. Consider turning off your account’s cash-out feature. In order to use the exchange’s API, you’ll need to set up two sets of keys: the API and the secret key. Make a copy of these and return them to the Immediate Edge platform. Immediate Edge allows you to connect to a new exchange. On the Immediate Edge Exchange page, select the exchange to which you want to link. In order to connect, simply paste them into their designated places and press the “Connect” button.
Thanks to Immediate Edge USP (unique selling proposition), automated trading in the cryptocurrency market may now be done by anyone, regardless of their level of expertise. When it comes to automating your transactions, there is no need for coding experience.
Create your first rule
Rule-making can be done in two ways. A template from the Template Library can be used, or a rule can be written from scratch. Trading methods will influence the option you choose. More than 130 templates are available for beginners to choose from in the template library. As an added bonus, this is the fastest way to get up and running.
A ‘point-and-select’ option is available for all sections of the rule above. For example, a trader can choose how much Bitcoin they want to acquire and how much money they have available to invest in the BTC asset.
With Immediate Edge, the sky’s the limit in terms of possible strategies; there are more than 7000 in total. Your trading game will be bolstered by experimenting with various situations and running techniques on multiple currencies.
Operators are a type of parameter that may be used to create more complex rules in Immediate Edge.
There are now four operators:
- Then operator: Using this operator, a rule can have numerous strategies, each of which is executed in a specific order. Within the framework of a set of rules, it provides structure.
- Anytime Operator: Unlike THEN, this is not a conditional expression. When the criterion for the execution of each strategy within a single rule is met, the strategies included within that rule might be executed at random.
- Don’t do anything: Using this operator, you can specify which assets are suitable for trading and which should be avoided. For example, if a trader wants to keep their Ethereum coins in their exchange account, they might set a restriction preventing the trading of Ethereum coins.
- Wait Operator: A highly successful method for avoiding bull and bear traps. These are situations in which the price action trend of a specific asset could momentarily alter, prompting bulls or bears to commit to transactions that, once the original trend persists, turn unfavorable. For a predetermined amount of time, the WAIT operator instructs the Immediate Edge bot to pause the execution of a trading strategy.
Using advanced rules, you can create your own trading methods and automate their implementation.
What are the features of the Immediate Edge platform?
For a fee, Immediate Edge provides you with access to pre-built trading strategies and templates. There is a built-in parameter for every approach on this platform, and the templates are amazing due to this feature. Furthermore, you don’t need any coding knowledge in order to implement these tactics, and the templates don’t contain a lot of explanatory material either.
Functionality
As a web-based service, Immediate Edge has settled for a clean, straightforward layout that appeals to investors of all levels based on the Immediate Edge review. For those who don’t know how to write code, the platform provides the ability to create and implement trading “rules.”
Strategies
With this platform, consumers have a wide range of possibilities for developing trading strategies. Dollar-cost averaging and trend following can be done in a variety of ways, depending on your imagination. When bidding on the market, for example, you can put all of your coins into one rule. You can also keep only the items you currently have in your wallet. This is a great alternative because it allows for the implementation of strategies such as Global Portfolio Stop-Loss.
Security
In order to defend the platform and protect consumer data, Immediate Edge employs a variety of security procedures. TLS 1.2 or a higher version is used to improve the interaction between the app and the backend of this platform. As an added bonus, API keys are protected by high-level security procedures. Detached data storage is where these private keys are kept. AES-256AES-256 encrypts these keys. Cloudware, cyber assaults, and viruses are also protected. Using Ukey1, Immediate Edge does not retain any passwords in their database, and all personal information is mirrored.
Demo account
Using a paper trading platform, Immediate Edge users can practice their trading skills before adopting them in the real world. Real-time financial paper trading interface data is used, and this must be remembered. For the platform’s users, it provides access to a more user-friendly platform for trading in financial paper. With the demo exchange, you can experiment with different trading rules and techniques. A successful outcome can be used in real trading if you achieve it.
Back testing Possibilities
This trading system is ideal for you because it allows you to backtest all of the tactics you want to utilize. Simply select the coin you want to trade and a time window that works best for you, and when ready to go. Finally, you’ll choose your trading strategy, and you’re ready to go. Open and closed systems will be shown on this trading view.
Conclusion
For automated crypto trading bots, Immediate Edge is without a doubt one of the best platforms available online. It’s simple to buy and sell Bitcoin, making it a viable option for regular investors. While you’re working on your plans, you might pick up a lot of knowledge about the bitcoin market.
Immediate Edge makes it simple to link your holdings across multiple exchanges. Setup and testing of your system are both made easier by this platform. In the near future, the app for mobile devices will be available for download. It’s possible to test your talents on this platform with a free demo version. If you don’t have the time or energy to come up with your own trading strategy and then test it out in the market, this is the perfect feature for you. Data encryption trades on prominent exchanges will be executed on your behalf, but you will still be charged a fee by your exchange for each transaction. These are all what was found on Immediate Edge review.
Frequently asked questions
Is the cryptocurrency trading bot Immediate Edge secure?
Yes, that’s exactly what I was thinking. Customers’ accounts and assets are protected by the following security measures: In addition to using Ukey1’s secure login, it employs 256-bit AES encryption for API key management, with unique private keys for each user’s account. For DDoS protection, it makes use of Cloudflare’s cloud services.
What exchanges does Immediate Edge work with?
In addition to Binance, Coinbase Pro (GDAX), Kraken, Bitstamp, Bittrex, OKEx, and Poloniex, Immediate Edge supports over a dozen other cryptocurrency exchanges.
Is Immediate Edge appropriate for all investors?
Immediate Edge, like any other trading software, is best used by experienced traders. Many people can take advantage of this, especially those who are familiar with Immediate Edge pre-existing templated techniques and who can apply them appropriately when and where they see fit. Immediate Edge is a great tool for investors like this since it helps them save time and get their deals done faster.
Immediate Edge features a robust free account for novice traders that allows you to practice paper trading. This allows you to put your skills and abilities to the test in the competitive crypto market without risking any money. Trading cryptocurrencies is a high-stakes endeavor. Your account may lose value, even though all of your efforts have been successful, due to variables outside the scope of your control (such as government regulation).
Immediate Edge may not be the right tool for you if this information scares you. Additionally, it’s possible that investing in cryptocurrency is a bad idea. You can save time and become a better trader by using Immediate Edge if you are aware of the hazards and are willing to accept them.
