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Immediate Bitcoin Review – Genuine Trading Platform?

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Immediate Bitcoin is a trading robot founded in 2016 allegedly by a team of established Wall Street quants. The robot is said to help ordinary people trade bitcoin with a supposed accuracy of 90%.

But is Immediate Bitcoin legit? In this Immediate Bitcoin review we examine the claims made on its website.

Is Immediate Bitcoin legit? Key Points

Immediate Bitcoin is a free and easy to use trading app, according to testimonials. Traders reportedly do not need any experience or expertise to trade with it successfully. The trading jargon used in this review is for illustrative purposes only.

  • Immediate Bitcoin was founded in 2016 and according to its website has 200k active users.
  • The robot is said to have invested in Artificial Intelligence (AI) and blockchain to enhance performance. These technologies are popular with leading Wall Street Hedge Funds and are claimed to generate high returns.
  • This robot provides trading in a transparent environment powered by blockchain. Users can monitor every aspect of their account and raise disputes through smart contracts.
  • Immediate Bitcoin has positive TrustPilot reviews with users reporting a worthwhile trading experience. It is rated 4.5/5 after over 5k reviews.

Visit Immediate Bitcoin

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

While Immediate Bitcoin claims to be highly profitable, it also comes at significant risk. You should only invest what you are willing to lose. Learn more about bitcoin trading and its risks through our Bitcoin robot 2024 guide.

What is Immediate Bitcoin?

AI Technology is growing at an exponential rate and is taking over nearly all aspects of finance. In trading, it is taking over the functions of professional traders and performing them better. Some of the best performing hedge funds in Wall Street today are operated by bots.

Immediate Bitcoin is an AI robot that trades bitcoin. This robot makes trading decisions through the HFT (High-Frequency Trading) approach. For the record, HFT allegedly involves powerful computer algorithms gleaning insights from big data and placing large orders. All this is believed to happen in a fraction of a second.

Immediate Bitcoin is also a scalping robot. Scalping is a trading method that involves taking advantage of small market movements.  This robot trades both the bull and the bear market using strategies such as short selling.  For the record, this is a good thing since traditional bitcoin buyers only profit if the prices increase. Immediate Bitcoin performance, on the other hand, is allegedly tied to volatility rather than price direction.

Also worth noting, this robot trades bitcoin CFDs rather than the underlying asset. This means that users do not have to go through all the hassles involved in traditional bitcoin buying. With this robot, you can speculate on BTC against cryptos such as ETH and BCH. Also on offer are BTC/FIAT pairs that include and USD, EUR, and GBP.

How Does Immediate Bitcoin Work?

Immediate Bitcoin allegedly studies the market for insights and comes up with signals for implementation. These signals are supposedly 90% accurate and allegedly translate into profitable trades in every 9/10 trades.

Immediate Bitcoin relays these signals to an exchange for execution via API.

Apart from executing orders and facilitating transactions, robot brokers also offer leverage. Leverage is a form of loan issued to help traders take positions worth more than their capital. Immediate Bitcoin offers 5000:1, which means that users can borrow up to $5k for every $1 of their capital.

How To Trade With Immediate Bitcoin

Registering an account and trading with Immediate Bitcoin is stated to be easy. It takes a few minutes to register and get started with this robot. Immediate Bitcoin is accessible in over 130 countries globally.

Anyone can register provided they have the required minimum trading capital. The steps below will guide you in trading with Immediate Bitcoin.

STEP ONE: Registration

Go to Immediate Bitcoin homepage and register an account through the provided form. Ensure you submit all details as required to avoid problems during account verification.

The verification happens through a partner broker and involves uploading a scanned copy of a government-issued ID or driving license.

STEP TWO: Deposit

You need 250 USD to trade with Immediate Bitcoin. Account funding happens through the partner broker and can be done through debit/credit card, wire transfer, e-wallets, or crypto wallets.

There are no deposit limits or fees. Moreover, it takes a few seconds for deposits to reflect in a trader’s account.

STEP THREE: Demo

The demo helps you master all the functions of Immediate Bitcoin web-trader. This will help you avoid costly mistakes later during live trading.

Ensure you read the trading guide thorough during the demo trading. You should also engage the dedicated account manager for help.

STEP FOUR: Live trading

Live trading with Immediate Bitcoin should easy for those who master the trading functions of the robot during demo trading.  Remember that failure to go through the demo account can result in costly mistakes.

Is Immediate Bitcoin Worth It?

Immediate Bitcoin claims to come with a lot of potential but you should also consider the risks. Its earning potential is determined by various factors among them the invested capital and the applied trading conditions. Moreover, your experience with this bot will likely depend on the level of volatility in the market.

Some of the marketing copy on previous versions of the website centred around far-fetched claims of high immediate gains. However that appears to have been removed since the Immediate Bitcoin website updated its design.

Dubious testimonials on the previous website version

Immediate Bitcoin claims to be easy to use for all. If accurate, that would mean you do not have to worry even if you have zero experience in crypto and trading. Immediate Bitcoin trades automatically and with a supposed win rate of above 90% (as yet unverified).

According to the website, its trading platform has the world best encryption, and the robot is adherent to data privacy laws, including the GDPR. The General Data Protection Regulation (GDPR) is an EU law requiring all firms to adhere to strict data privacy.

Is Immediate Bitcoin legit? The Verdict

Immediate Bitcoin is trending online, apparently popular with users and said to have all the necessary safety measures in place. Some users allege making high profits with its tools – however we were unable to verify all the claims made on the site, or the legitimacy of the online testimonials.

You can try Immediate Bitcoin but always keep it in mind that it is not risk-free.  However, we recommend that you trade with caution as there are risks in trading and loss of capital is possible.

Visit Immediate Bitcoin

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Immediate Bitcoin Alternatives

An alternative to using a bot is to use the copy trading feature on eToro – this FCA and CySec regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice, or a combination of several.

InsideBitcoins recommends diversifying your portfolio by allocating part of your funds into a long-established, safe and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test.

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FAQs

What is Immediate Bitcoin?

Immediate Bitcoin is a trading robot reportedly equipped with algorithms that trade bitcoin automatically. However its winrate hasn't yet been independently audited.

How much should I invest with Immediate Bitcoin?

You need at least $250 to trade with this robot. Beginners should start small and plough back earnings for growth.

Does Immediate Bitcoin allow withdrawals?

Yes! Immediate Bitcoin offers a seamless withdrawal process. The robot doesn’t charge any withdrawal fees.

How much can I make with immediate Bitcoin?

Yes! Some users allege making up to 1500 USD daily from as little as 250 USD. Immediate Bitcoin potential depends on trading settings and how much you invest.