Top alternatives are certainly Immediate BitXDR and Immediate BitXDR, as cloud-based platforms, and – as a locally run software. This is a section of the Immediate BitXDR platform that is not its core business, but rather an add-on feature that is nice to have. It is essentially a Blockfolio within the Immediate BitXDR app + a couple of nice additions.

You can set up bots to operate under almost any contingency, whether it’s a flash crash or the market shooting to the moon. It includes Grid and Dollar-Cost Averaging (DCA) strategies, allowing users to choose based on their trading style and market conditions. The platform also provides Extra Orders to capitalize on market movements contrary to initial strategies. Additionally, TradeSanta supports both long and short strategies, enabling trading in different market directions.

A good alternative for Immediate BitXDR is Altrady, a multi-exchange crypto trading platform. Altrady provides several types of bots, including DCA Bot, GRID Bot, QFL Bot and Signal Bot. The Immediate BitXDR grid trading uses either an AI strategy or can be set up manually by the user.

Start by configuring a connection with your exchange, initiated from the Immediate BitXDR website. Once connected, the platform can then access your account on the exchange (so that trades can be placed automatically on your behalf). Like any trading bot, trades can execute at any time of the day, 7 days a week. This is — by far — one of the biggest advantages of trading with a bot. Immediate BitXDR makes it incredibly easy to manage multiple trading accounts on multiple different exchanges all from one convenient platform. In October of 2023, less than one year later, Immediate BitXDR experienced its second security breach, which compromised several users’ accounts.

Immediate BitXDR

The power lies in the hands of the trader, who specifies the desired parameters and strategies, while the bot takes care of the rest. Security is of utmost importance when it comes to trading bots, and both Immediate BitXDR and Immediate BitXDR offer robust security measures to protect their users’ funds and data. Immediate BitXDR employs two-factor authentication (2FA), IP whitelisting, and SSL encryption to ensure the security of its platform.

Cause it aggregates the liquidity from Binance and Huobi, so it can focus on how to assist their users with the trading tools. With the proper strategy, this can be very profitable, but also requires some level of experience. There are four available plans, namely the Free, Starter, Advanced, and Pro plans. The free plan is free, of course, while you’ll pay $14.50, $24.50, and $49.50 monthly for the starter, advanced, and pro plans respectively.

  • Copy the presets from other seasoned traders and skip the learning curve.
  • BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers.
  • You can use this to add Safety Orders to Dollar Cost Average or add funds to a winning position and increase the trade size.
  • That’s the main reason for me to listed Zignaly as a Immediate BitXDR Alternative.

There have not been any reported cases of data breaches at Immediate BitXDR or Immediate BitXDR and both platforms employ standard industry practices to safeguard your data. Immediate BitXDR is also free to try out for 3 days and then you have to decide if you go for a paid subscription and which package is to your liking. All three packages offer discounts if you buy the license for longer time periods – 6 months or 12 months.

So every Immediate BitXDR user can come up with a trading strategy and try it on a virtual account without any risk. A limit order in Immediate BitXDR can be accessed using the smart trade interface or while priming any DCA or Grid trading bot. A limit order signifies a price-specific buy or sell order, which executes when the given price is reached. The concept of limit order underlines basically every crypto trading bot.

By adding an indicator to the chart, it can be selected as a condition for a signal in the alert settings. The indicator may have default trigger options or custom ones added by the user in the code through ‘Strategy events’ inputs. The indicator may have default trigger options or custom ones added by the user in the code through ‘alertcondition’ inputs. A TradingView chart can be a signal source, with triggers being events related to price changes. It’s enough to select the chart for the pair of interest and set the timeframe.

Key offerings include grid, DCA, and options trading bots, as well as a social feature that lets users copy top-performing trader bots. Immediate BitXDR touts its beginner friendliness with learning resources like a trading academy. Since many people choose to trade Bitcoin passively and are unable to dedicate the time required for dynamic market analysis. As such, crypto trading bots will be beneficial for users to conduct efficient trading.

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