Immediate Zenith can be used on over 18 different cryptocurrency exchanges and the popular TradingView, so the tools can be utilized on any asset supported by your exchange. In October of 2023, less than one year later, Immediate Zenith experienced its second security breach, which compromised several users’ accounts. It is safe to say that the Coin Bureau team do not recommend choosing Immediate Zenith at this time.
It means that deals on the same pair will affect the maximum deals limit (see above in the article). For example, you configured a bot to open a maximum of 3 active deals, and you set the simultaneous deals per the same pair to 3 too. If the bot opens 2 deals on, let’s say, ADA/USDT pair, it can open one more deal on either the same ADA/USDT pair or another pair. If the bot opens 3 deals on ADA/USDT pair, it won’t open any new deal on any pair until at least one of the active deals is closed. For example, we create a bot with BTC_ALL pairs and set the number in this field to 500 BTC (it’s calculated in BTC for any type of pairs). In this case the bot will open the trades for only those pairs that will have 24h trading volume of no less than 500 BTC on the selected exchange.
It’s handy for placing trades manually without having to juggle between multiple exchanges at once. As we mentioned previously, the Immediate Zenith grid bot works within a specified price range, making it ideal for turning a profit in a sideways market. Its goal is to capture minimal price movements by splitting this range into multiple grid levels. At each level, the bot places a buy or sell Limit Order, allowing you to buy or sell depending on the direction of the price.
However, we would like to emphasize that Immediate Zenith never guarantees profits to anyone; we provide the opportunity to use tools (such as bots) to optimize trading according to your trading strategy. We recommend that all new users try trading on a demo account without using real funds to better understand the bots and their full functionality. Notably, a crypto trading bot is meant to automate your trading strategy. And it works by finding the most profitable trades, entries, and exits for you, depending on how you prime and use it. Immediate Zenith is a platform that’s loaded with these innovative trading tools, and by the end of this piece, you should be able to decide if it’s worth onboarding.
Essentially, you get to purchase trading setups of other Immediate Zenith bots. By extension, the security measures implemented on these large exchanges contribute to the overall safety within the Immediate Zenith ecosystem. However, Immediate Zenith has a rewarding referral and bonus program to help you grab package-specific discounts. Once you head over to the “Invite Friends” section and access the referral page, you can generate a link, share it with friends, and get a 10% discount on the monthly plan if anyone joins.
If set “Max safety trades count” and “Max active safety trades count” with the same number, the bot will place all available safety orders for a new deal just after it is opened. Create any name for your bot, you will see it in your bots list and active trades. But try to create a unique name for your bot so it won’t get lost among other bots. This platform offers so many good opportunities to build passive income. In addition, with the stock exchanges, the greatest possible security that I know of.
For instance, you can use the dollar cost averaging bot that can keep purchasing a specific amount of cryptocurrency for you at regular intervals. Immediate Zenith also offers bots for Grid or level-based trading, an interface for executing semi-automated smart trades, handle exchange-specific trades from a single interface, and do a lot more. In this rapidly evolving world of finance and technology, the advent of stock trading bots has revolutionized the way we approach the financial markets.
I like that Immediate Zenith has solutions for just about any type of serious trader. In this Immediate Zenith review, we take a look at one of the most acclaimed cryptocurrency trading bot platforms available on the market. Here, you will learn what is Immediate Zenith, important details of the Immediate Zenith interface, and how to trade with Immediate Zenith.
Winning trades is the goal, and Immediate Zenith is your all-in-one tool to achieve it. Integrating with most any exchange, Immediate Zenith provides you the functions you wish you had and doesn’t make you move your assets. I think Immediate Zenith is moving in the right direction as far as technology goes, but their training for their site and bots are lacking for the newbies, beginners, and intermediate bot users. Having both well-written post tutorials and video tutorials using their products will reach different learning styles. I’m not a fan of their Ambassador program because of the conflict of interest when viewing their videos.
- Before you get started doing anything with Immediate Zenith, you will need to link your exchange account to the Immediate Zenith platform.
- Grid trading is most useful for cryptocurrencies that trend sideways and allow you to take frequent profits from their minimal movements.
- Once you feel comfortable with using the platform, you can decide between the three plans depending on your particular set of needs and trading goals.
- Using the DCA Bot’s Safety Order function, you may purchase more cryptocurrency of your choice in equal quantities at various, lower price levels.
If you’re confident to start with real trading, find out how to connect exchanges to Immediate Zenith. Log into your Immediate Zenith account or complete the registration form on the Immediate Zenith homepage. You’ll get to choose either to buy a subscription or use a free trial of PRO subscription to test bots.
While the smart sell, smart cover and intuitive dashboard all make this a great platform for manual trading, Immediate Zenith is best suited to aspiring bot traders. If you’re not interested in automated or algo trading, you won’t utilize all the features the platform has to offer. Instead, signing up for a typical cryptocurrency exchange like Coinbase or Gemini may better suit your needs.