Additionally, market makers or risk managers may benefit from the information presented in this article. These professions require some menial processes that are often automated, such as dollar cost averaging (DCA). Crypto robots can be used by any trader, regardless of previous experience level.

Select from a range of predefined strategies based on baskets results. Immediate Zenith cloud-hosted platform can be accessed from any device at any time. I was introduced to Immediate Zenith just over a month ago and I’m seriously impressed. I’ve used many other bots in both forex and crypto, and they not even worth mentioning when compared to Immediate Zenith. In addition, Immediate Zenith has five layers of security that have proven to be the most effective in terms of the protection of customers. All of the information delivered to the Immediate Zenith servers are encrypted with 2048-bit standard protocols and stored on a secure network, protected by firewall.

We highly recommend that you take advantage of this free trial to understand how the platform works before you opt-in for a paid version. Taking into account the different fees and commissions charged by competing exchanges, Immediate Zenith will include this in its estimated profit percentage. This makes the process more efficient, allowing you to proceed with an arbitrage trade if the numbers stack up. The bot will ensure that based on current prices, your buy and sell orders are automatically adjusted to find the best opportunities. The most significant benefit here is that the bot carries out your trades instantaneously.

For this reason, many sentiment traders also incorporate traditional analysis techniques to validate their sentiment-based insights. Use it to maximize profits on every price changes in a sideways market. From powerful trading bots to smart orders, Immediate Zenith gives you an advantage in the fast-changing world of crypto trading. The range of trading strategies offered by Immediate Zenith ensures that all classes of investors have something to work with in order to achieve passive, automated income based on historical patterns. The Buy The Dip (BTD) bot is the most recent addition to the Immediate Zenith suite. The bot was developed in line with customer feedback, indicating a preference for a trading strategy suited to a declining market.

On the other hand, a stop-limit order, the dynamic duo of stop orders and limit orders, metamorphoses into a limit order when your stop price is reached. While granting you more command over your execution price, it does not guarantee your order will be filled, especially if the market price does not match or top your limit price. Stop market orders cater to long (stop loss) and short (stop buy) plays alike, giving you a safety net to catch profits and avoid losing your shirt.

• Once the stop price is hit, the order shapeshifts into a market order, executing immediately at whatever the current market price may be.
• This way, even if the price suddenly plunges to the stop loss level, the trader's loss remains limited.
• Click on the [Start new bot] button at the top of the interface, and choose COMBO.
• This top-notch trading advisor will automatically execute trades for you according to preferences you once set.

With its roots dating back to 2017, Immediate Zenith has grown exponentially, offering a suite of features that streamline the trading process for over half a million traders worldwide. This Immediate Zenith review aims to provide an in-depth look at the platform’s offerings, from its automated trading bots to its robust trading terminal. The platform offers a free demo account for users interested in learning more about how to trade with crypto bots. The free trial account comes with all the features available in the Immediate Zenith pro account for traders to assess all the platform’s features and tools. There is a free 7-day trial which can be used to launch your first crypto trading bot and get an idea of how the service works.

Their CEO used to work for casinos, so I can see why the UI is designed to deceive users. It is important to stress the value of using a demo account when trading. As more new traders are venturing into the cryptocurrency trading scene, this particulate is getting more and more paramount. immediate-zenith.net’s trading signals are highly useful to help traders set up the right stop-loss and take-profit orders to curb your risk. You can filter what constitutes a signal for you based on signal strength, raise percentage, exchange and the time. Once you have connected your exchange API to the Immediate Zenith trading bot, you can choose the bot to work on the trading strategy of your preference.

Immediate Zenith has already set up several pre-defined strategies proven through backtesting. As such, you stand the chance of benefiting from even the smallest of price movements in the market –  while limiting your losses. Your investments are distributed based on the grid strategy, by dividing your price range into multiple levels or grids. With that said, seasoned traders will often make use of several exchanges to access specific markets and pairs, or take advantage of arbitrage opportunities. Moving from exchange to exchange can, however, be both cumbersome and time-consuming.

To add your API keys for Coinbase Advanced, search for the exchange in the pop-up window. Once you have created your new Coinbase Trading API key, a window will appear with API and Private keys. Please copy and save them in a secure location (for instance, password manager).

In fact, Immediate Zenith has a range of smart trading tools and automated trading bots available for use on the Kraken exchange. For example, you can use the GRID and DCA bots and other cool features like Trailing Up and Down, Take Profit and Stop Loss, and Pump and Dump Protection Switcher, among others. The GRID trading strategy is one of the most straightforward and readily automated trading strategies that’s been tested and proven for years.

GRID bot helps you to make a continuous profit from small price fluctuations as the market moves sideways. There are also ready-made strategies, in which you can choose from a range of predefined strategies based on successful backtest results. You can set simple and sophisticated trading robots using GRID bot, DCA bot and Futures bot.