Over the years, cryptocurrency has gone from being a trivial asset to becoming one of the most talked about financial instruments. Thus, crypto trading platforms are emerging every day with the promise of helping traders stay ahead of the market. This review summarizes our research into one such platform: Immediate XGen.
Read to learn if this trading application is genuine.
Immediate XGen Review 2024 – Overview
- Supported assets: Cryptocurrency
- Success rate: Not available
- Multiple Payments: Not mentioned
- Deposit/Funds withdrawal: Not mentioned
- Customer Service: Available to all registered traders
- Made our Best Bitcoin Robots List? No
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What Is Immediate XGen?
Immediate XGen positions itself as an innovative trading system focusing on helping crypto traders better analyze the market, spot market trends, and execute trades quickly. The project claims it grants access to state-of-the-art trading tools and systems that are hard to come by on other platforms.
Furthermore, Immediate XGen is described as a bridge between traders and established service providers in crypto trading. According to its website, representatives of its partners often reach out to users who have set up accounts with Immediate XGen to help them start their trading journey. However, its website does not provide the details of how it works.
Immediate XGen Pros and Cons
We’ve included bullet points of its pros and cons below for a quick summary of what users can expect from the Immediate XGen.
Pros
- It claims it offers an automated trading system
- Claims to provide access to free trading services
- There are claims that users enjoy an easy-to-use interface
- It is also said to support multiple cryptocurrencies
Cons
- Users have to deposit a mandatory minimum of $250
- Its services are not available in some countries
- Scant social proof to corroborate its claims
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Immediate XGen Work?
The information about its functions claims it enhances traders’ output through its automated trading capabilities. According to its website, it boasts tools that help traders keep track of the market and manage their portfolios from a single dashboard. Besides AI features, it claims users can manually analyze the crypto market using its advanced charting tools and other sophisticated research systems.
In addition, there are claims that the Immediate XGen system can learn a trader’s strategy and apply it to the crypto market based on the parameters provided by the trader. With that, it can perform the heavy lifting while the trader focuses more on decision-making.
Immediate XGen Features
In our effort to unveil the actual value of the Immediate XGen system, we came across features that might interest anyone trying to research the platform.
AI-Based Trading System
Immediate XGen claims it sports artificial intelligence-based trading systems with the ability to research, analyze, and make trading decisions on behalf of traders. However, there is no clear description of how the AI trading features work.
Hybrid Trading Capability
Besides the AI-based trading features, there are claims that the Immediate XGen system also allows users to execute trades manually.
Intuitive Interface
The platform also claims that users enjoy an intuitive interface with convenient navigation. It claims new users can find their way around the tools and dashboards without much need for guidance or tutorials.
Access to Demo Account
There are claims that users can access demo accounts after signing up for the Immediate XGen account. The demo account is also said to feature all the trading capabilities of the live account but with the option of trading with dummy funds.
Efficient Security Features
According to the Immediate XGen website, users enjoy high-level privacy backed by encryption technology. It also claims it features other security features, such as the SSL, to ensure third parties don’t gain access to user data and information.
Multiple Language Option
As a project pushing for global adoption, users can access its services in their local language. It supports Dansk, Deutsch, Italiano, Espanol, etc.
24/7 Customer Support
Registered users can access 24/7 customer support, per the project’s website claims. The support helps with technical issues, but there is no information about where they help with trade execution or strategies.
Immediate XGen Account Fees
Immediate Xgen’s website states that its services are free. Hence, users may not have to pay fees when setting up an account. What we don’t know, however, is whether its partners require users to pay fees for their services. There’s a need to communicate with support staff in that regard, as it would help users prepare for the likely charges they may incur using Immediate XGen.
Immediate XGen Minimum Deposit
Users must pay a minimum of $250 to use the Immediate XGen tools. According to the website, the amount is deposited into the users’ trading account and can be used as soon as they are ready to start their training session. There are claims that Immediate XGen does not deduct any of the amounts as commissions.
Immediate XGen Compatible Devices
It’s unclear what devices users may access its tools with, as the details are unavailable on its website. However, since Immediate XGen is web-based, we assume that users can access the tools and features from any device with web browser and internet access.
Is Immediate XGen a Scam?
The details available about the immediate XGen services suggest that they might offer users value and they also signal red flags. Firstly, the bias towards anonymity is quite questionable, especially for an investment-related project.
Even though anonymity is a norm in the crypto industry, when it comes to trading tools, there is a need for a measure of transparency. Also, the relatively scant details about its operating procedures and its partners’ suggests that intending users should be on guard and probe deeper to understand what they’re investing in. Overall, taking time to study further would be in the best interest of intending users.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Immediate XGen Customer Support
The customer support service described on the Immediate XGen website favors registered members more. However, prospective users still have access to customer support through the contact page on its website. The downside is that they may have to wait a while to get feedback on their inquiries. Meanwhile, registered members are said to have 24/7 access to the customer support service. Some reviewers claim new users constantly communicate with Immediate XGen partners’ representatives.
How to Use Immediate XGen
According to its website, Immediate XGen operates a community-based model. Users must set up a user profile before accessing its features and functions.
Step 1 – Registration
The first step in the Immediate XGen signup process is the user profile setup or account creation. The registration form is available on the project’s homepage, where users must provide their full name and other details. Even though the registration form requests basic information, users must verify their identities with the partner’s representatives, according to the website.
Step 2 – Verification
As soon as the registration is complete, users may proceed to the next step, which is to verify their details. As stated above, representatives of its partners may reach out to registered users for discovery calls and identity verification. According to the website, users can complete this step within a short time and move to the next stage.
Step 3 – Deposit Funds
The minimum deposit is pegged at $250. Users may proceed to deposit after they’ve completed the registration. According to the project’s website, the funds are immediately available for trading sessions. It further states that users may be unable to access its features without meeting the minimum deposit requirement.
Step 4 – Start Trading
Upon deposit of funds, users can trade the crypto market, as the funds are said to be available for trading sessions. Also, there are claims that users may access the demo version to get acquainted with the Immediate XGen tools before trading with live funds. Also, it’s best to take all risk management measures as there are no guarantees of successful trades in the crypto market, not even with the best trading tools.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How to Delete Immediate XGen Account
To delete an Immediate XGen Account, users may have to go through the customer support channel. According to its website, it operates through a combination of its tools and third-party services from its partners. From our findings, users often also need to create an account with the Immediate XGen partners. They may need to deactivate their account on those partners’ services to discontinue the services they receive.
Are There Celebrity Endorsements of Immediate XGen?
The Immediate XGen website mentions nothing about celebrity endorsement. Even our research turns up no such claims. Our findings show Immediate XGen only employs digital marketing strategies to promote its services. Whatever claims third parties make about celebrity endorsements should be disregarded. To our knowledge, neither Elon Musk nor any other celebrity has endorsed the Immediate XGen services at any time.
Who Are the Founders of Immediate XGen?
No one has a precise response about the Immediate XGen founder. Its website only reveals generic information about the project team, describing them as a group of experts. It claims the team came together intending to solve the problem crypto traders face. Furthermore, it claims the team comprises experienced traders with years of industry experience, particularly in crypto trading. However, we could not validate the claims as we found no information about the Immediate XGen team on social media sites or anywhere else online.
Immediate XGen Payment Methods
We found no information about the payment methods available on XGen. However, users may be able to fund their accounts through regular payment processors or direct transfers, as these are the standard methods with other trading platforms. Also, they may be able to make deposits through cryptocurrencies. However, speaking with the support team would help with more accurate information as we did not personally use its services.
The Verdict
Immediate XGen needs to improve on the information it shares with its prospective users. The marketing message is not communicating enough facts to place its offer above reasonable doubt.
With a high-risk asset like cryptocurrency, having all the facts about the product or service one invests in is essential. Users should have detailed information about the fundamentals of AI tools, how they work, and the indicators they use in analyzing the market. Also, the details of the acclaimed partners should be shared with users.
Generally, facts like their locations, websites, and social media handles should be made public. Overall, users considering the Immediate XGen services may need further research to ascertain if it can deliver on its promises.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Immediate XGen Alternatives
The list below reviews some of the viable Immediate XGen alternatives that readers might consider, mainly established brands.
Investing Early in New Crypto Presales or Icos
One of the best places beginners should look into when they want to try their hands at crypto investing is the presale sector. The industry records tens of presale listings daily, with many of these tokens raking millions in market cap within months. Spotting crypto presales with the potential of becoming a winner is an excellent opportunity to earn impressive ROI.
Unfortunately, information about cryptos with the prospect of becoming winners is challenging. It often takes some amount of research and digging to find such gems. One of the best places to look would be social media like Twitter and Telegram. Also, discord communities share such information. Other times, YouTube experts often provide information about cryptos to watch.
InsideBitcoins crypto presale articles might be one of the best places to turn to for details on presale cryptos with higher success prospects. The page offers regular updates on best-performing crypto presales and shares their tokenomics details.
Investors looking to get into crypto presales can begin their journey from there. Usually, the updates are provided daily, implying it’s best to build a routine of looking into these opportunities every day.
Networking With Professional Traders
No one excels at any career without building relationships within and outside their industry. This fact also holds for traders. To reach the peak of one’s trading career, there’s a need to form alliances with others in the space, particularly people with more experience.
Nonetheless, the hard part of networking is finding experts who will commit to a mutually beneficial relationship. Usually, in fields like trading, experts prefer to charge a fee for their services. In most cases, those fees are not easy to come by for newbies.
Thus, the best way to network successfully as newbies is to start with social media. They offer the most accessible paths to finding professionals in any field. But it comes with the challenge of searching endlessly for the best fit.
An alternative is to explore the Discord Server. Jacob Crypto Bury Discord Server, for example, offers access to over 22,000 traders from all over the globe. Thus giving newbies access to a large pool of traders to network with.
Besides, the community shares regular updates about the crypto market, another advantage that new and seasoned traders can enjoy from participating in the community.
For new traders, it’s an avenue to see how experienced traders think, how they discuss their strategies, and the cryptos they are currently watching. Overall. Belonging to a community like this gives traders a hedge in the industry.
Automated Copy Trading in Crypto Exchanges
Working with tools that depend on third-party services is not often advisable, particularly in a sensitive industry like crypto trading. Loopholes in the security systems could result in losing funds and access to sensitive customer information.
As an alternative to the Immediate XGen tool, users should look at Bybit, and OKX. These two are some of the most popular in the industry for several decades.
Each boasts unique features that help traders have the best experience in the market. However, one of the most common features of the three is the social trading method. More recently, they popularised the automated copy trading initiative, which allows traders to leverage proven strategies for profitable moves.
FAQs?
How does Immediate XGen adapt to changing market conditions?
There are no precise specifications of how the Immediate XGen works. However, its website hints at consistent market research and analysis. Hence, one can assume judgments are based on the data gathered from research. Sadly, we may be unable to verify the claims since we cannot access its tools and features.
Can Immediate XGen be utilised for high-frequency trading?
Generally, Immediate XGen claims it works for all crypto trading methods and strategies across all time frames. Hence, it should have the capability to perform high-frequency trading. That said, for more clarity, it's best to speak with the support team or the representatives of its partners.
Can Immediate XGen be integrated with popular trading APIs or platforms?
No. Its website says users can only trade with Immediate XGen tools on its partners’ platforms. It does not provide access to its base code or scripts or provide API access. Nonetheless, prospective users can contact support to find out if there are exceptions.
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