Moreover, the add-on called Xenith allows screening news and fundamentals in real time as well. Mudrex helps crypto traders automate their trading without needing to write a single line of code. The company Immediate Zenith was founded in 2018 and is based in Bengaluru, India. For both new and experienced traders looking for a platform to try out paper trading, you can choose from any of the above-listed platforms.
With the Pro plan, you will get access to everything Immediate Zenith offers. The package costs $99 per month if paid monthly or $49.50 if paid annually. Really annoying, and I can’t find real person to chat to with their support messanger.
Detailed transaction history provides a comprehensive overview of the bot’s performance. As we can see from the chart, the ZRX price has gone up, and the Bot is working and making a profit. Previously, we mentioned that in order to make a significant profit on each price movement, you need to enter a larger amount than we used for example purposes.
This digest jots down core paper trading platforms available on the market and describes each. In 2023, the Grid Bot remains a viable and profitable trading strategy for cryptocurrency enthusiasts. With the guidance provided in this article, you can confidently set up and operate the Grid Bot to start trading and achieve success in the dynamic world of cryptocurrencies. To successfully employ the Grid Bot, we emphasized the importance of manual analysis to identify trading pairs with strong support levels.
Immediate Zenith trade bots happen to be really good at reducing average acquisition costs, directly increasing your positive margins from each trade. The DCA bot is handful, new function Smart bot is also a good one. I didn’t use the grid bot due to a little bit risky at current situation and I don’t really understand how to setup for it. There is one thing that bother me a little that sometime the filter on Bot screen don’t show all my bot include future DCA. Contemporary stop-losses or take-profit conditions are managed and executed in real time according to the goals you set. On observing closely, you will find that the cryptocurrency market is hyper-volatile, to say the least, but this volatility can actually be used to earn handsome profits if you have the right tools.
This tool automates the buying and selling of assets based on a grid composed of buy and sell levels. Grid trading is most useful for cryptocurrencies that trend sideways and allow you to take frequent profits from their minimal movements. In essence, the Immediate Zenith bot, regardless of its type, opens and closes trades automatically. Simply put, the Immediate Zenith bot will open trades once certain conditions set up by the user are met.
- This buying, selling, and setting new orders carries on until either the top or bottom of the range is reached or the user stops the grid bot Immediate Zenith manually.
- Here is the list of some possible reasons why you might want to paper trade crypto with Immediate Zenith.
- If the market goes your way, the bot sells the assets at the required target and you pocket the difference, it’s as simple as that.
Even though a trader can give bots a head start, they still lack intelligence and might fail if the market falls into a spin. The zero point is the current market price from which the orders are set at an equal distance, but in opposite directions. In this case, the bot is quite effective because it takes lots of time to build a grid manually. It has a smooth interface built for newbies to trade the crypto spot market. The charts are obtained from TradingView, where new traders can access more than 50 technical indicators. If you’re willing to practice trading as much as possible but don’t want to put your deposit at risk, make sure to read on.
Most users find Immediate Zenith customer service very responsive and willing to solve any issues or answer questions about the platform or trading. You’ll find the user interface a breeze once you gain that foundation. It’s easy to execute trades, check your total portfolio value, gains, rebalances and anything else you need to do right from the dashboard. So now that we’ve covered the ins and outs of what you can do at the Immediate Zenith platform, in the next section of our review we are going to unravel the four pricing plans. Although the smart sell feature available via the SmartTrade hub might appear somewhat complex at first, it can act as a highly valuable tool once you’ve got your head around it.
As Immediate Zenith trading bots only integrate with exchanges, there is no KYC necessary to sign up, just an account creation process. Here traders can purchase trading setups of other Immediate Zenith bots after checking out their historical performance. Each bot has its own strategy and risk profile for the trader to choose from. As if all the other features weren’t enough, traders can also head to the Immediate Zenith marketplace to access trading signals. In a sideways market, grid bots can perform quite profitably if a trader knows when and how to deploy them and when to shut them down.
I think it is truly a great service, one of the best in terms of connectability to exchanges, mobile app ease of use and general options for traders. Immediate Zenith is one of the highest-rated and most reputable cryptocurrency trading bot platforms around and is well worth the price for anyone who wants to go down this road. They offer one of the best trading terminals, highly efficient bots, and some of the most robust and comprehensive trading software platforms I have come across. Immediate Zenith subscriptions are not the cheapest out of all the crypto auto trading platforms, nor is it the most expensive.
This signal will control your bot and open and close trades on your behalf. Before you activate it, make sure you thoroughly read about how this particular signal works and its intended use. You will be able to find all of this information in the datasheet of the signal on the marketplace. If the market goes your way, the bot sells the assets at the required target and you pocket the difference, it’s as simple as that. However, this DCA bot strategy takes a whole other dimension when the market goes against you.