With Immediate Zenith, you can setup crypto trading robots on popular exchanges including Binance and over 25 other cryptocurrency exchanges. If you want to run a crypto bot, you can simply connect your chosen exchange, choose the robots you would like to use and they will do all of the trading for you. Immediate Zenith are constantly looking to add more crypto exchanges for users to connect to as they are not an exchange themselves. Well, prior to my time at the Coin Bureau, I worked with a team that designed the exact kinds of trading bots offered by platforms like Immediate Zenith.
He decided to put in a stop loss order to cap his losses if things didn’t pan out as he envisioned. Jimmy placed his stop loss at 10% of what his cryptocurrency was currently worth and sat back to see what would unfold. A stop limit order is a dynamo trading tool Immediate Zenith mashing up stop orders and limit orders, often employed to automatically purchase or offload a digital asset once it hits a specific price level. Thanks to the diverse range of order types at your disposal, you can bend the trading experience however you like.
More recently, in 2019, Immediate Zenith bridged trader requests with innovation and debuted the Immediate Zenith Bot in 2020. The minimum order size for all exchanges can be checked on the official websites of these exchanges. For instance, to learn more about Binance minimum order sizes, follow this link – Binance Trading Rules. If we want to run a bot with 180 grids, it would require a larger deposit since it would have to open 180 orders. NoteWe multiply the minimum order size by 2 so that when the price rises, the limit of the order is not reached, and it can be placed without any problems. Every exchange sets restrictions on orders, such as minimum order size and minimum order increment.
You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. It is worth mentioning that Immediate Zenith do not charge any additional fees for trading other than the monthly subscription cost but you may still have exchange fees to be aware of. Payment methods accepted include Visa, Mastercard, PayPal and cryptos. You can cancel at any time but there are no refunds for any unused time.
- This may not seem like much, but compared with its competitors, it is way ahead.
- With Immediate Zenith, users can consolidate all their cryptocurrency exchange accounts into a single unified interface.
- The customer support team is professional; and they always respond promptly to my requests for support.
- Given crypto’s always-open market, many crypto traders now use trading bots to automate their trading.
- You can switch between different crypto exchanges in just one click.
The bot will buy and sell a fixed amount of the base currency per each trade. This will require a much larger investment to create the grid; however, it will generate significantly more profit during the price rally. It offers low-fee margin trading on crypto, a riskier investment strategy that could potentially yield higher returns.
Each trading style comes with its own unique blend of risks and rewards. There’s no one-size-fits-all strategy, so consider your skills, temperament, time commitment, account size, trading experience, and risk tolerance when choosing your crypto trading groove. By default, the GRID orders are fixed in size in the quote currency. We recommend leaving this option on when the market moves sideways.
Brimming with features and opportunities, Kraken stands tall as a distinguished cryptocurrency exchange that extends its warm welcome to our dear friends from the United States. This makes it a top-draw pick for American crypto enthusiasts, who flood the exchange with liquidity, volumes, and infectious enthusiasm. Tailor-made for the unique trading environment of the legendary Kraken cryptocurrency exchange. Each plan has a limited free-trial time where you can test all the features they offer. In the pop-up window, you will see the calculated results of the bot’s work (bot profit) with the current settings for the past 30 days (by default), like in the example below.
Immediate Zenith has detailed out how it addresses security concerns in different areas. The Immediate Zenith demo facility comes pre-loaded with simulated ‘paper money’ and will allow you to trade with zero financial risk. If you want to test out a new strategy or make sure that everything runs smoothly, the backtest feature can demonstrate how your bot would respond to market changes. The interface allows you to easily switch between different exchanges by clicking on the platform name above the chart screen.
The bread and butter of the Immediate Zenith platform is its provision of automated crypto trading access. Platform users have various trading bots at their disposal to take a more passive approach to cryptocurrency trading. Different types of bots will follow unique patterns and approaches, enabling users to tap into a trading revenue stream. Users can leverage its technology to maximize trades and potential profits while reducing human errors (and omitting emotional trades).
It also shows the ratio of the quote and base currency in open orders and their current value. Choose the chart type and your favorite indicators, draw trend lines and patterns, paste emojis, and share the results with your friends! Thankfully, the interface is pretty simple and intuitive, so you’ll get used to it in no time. The combination of Immediate Zenith’s smart trading and automation tools with TradingView’s charting instruments is a match made in heaven. You don’t have to go back and forth between the two platforms — you have the best of both worlds within a single interface.
The terminal also supports one’s trade history, open positions, and balances across all linked exchanges. Furthermore, the trading platform enables users to analyze and evaluate the performance of popular trading pairs. Immediate Zenith has emerged as a comprehensive platform that caters to various trading needs.