New Crypto Trading Software, Immediate Edge Bot, Hits Record Success
As an advanced, automated trading software, the Immediate Edge Bot is able to trade cryptocurrencies online with a high level of accuracy of over 98% to ensure maximum success and profitability.
London, UK, November 05: Automated trading software is designed to eliminate the need for human intervention in the online trading process. This usually includes market analysis as well as the actual opening and closing of trades on a trading platform. Immediate Edge Bot is a powerful and intuitive software that uses artificial intelligence as well as state-of-the-art algorithms to pinpoint profitable trading opportunities in the cryptocurrency markets. A recent test of this software has revealed that the Immediate Edge Bot operates with a very high level of accuracy, ensuring that most of the trades it enters into, end profitably.
The main advantage of the Immediate Edge Bot is that it operates seamlessly with all major cryptocurrency exchanges including, for example, Binance, Coinbase, Poloniex, Kraken, and Bittrex. The power of the Immediate Edge Bot is that it takes advantage of how these exchanges operate. That is, cryptocurrency prices move up and down based on supply and demand. In addition, this supply and demand will vary on the different exchanges and so a specific cryptocurrency may have different prices on different exchanges at any given time, especially since cryptos are not regulated.
The Immediate Edge Bot has been developed with a powerful algorithm that is able to scan the different exchanges and to take advantage of any price differences. To top it off, the bot has been developed to automatically enter or exit a trade as soon as the opportunity is pinpointed. This is done without any human intervention. A core benefit of the Immediate Edge Bot is that while it has been designed to do the market analysis for the user, it will not simply trade without any direction. That is, a user is able to customize the software to trade based on their own personal risk tolerance and trading preferences. This includes setting the amount one wants to invest per trade, the cryptocurrencies to trade, the risk level, the strategies to use, while even the take profit and stop loss orders can be set.
In a recent interview, Paul Sanders, one of the developers of the Immediate Edge Bot explained, In developing the bot, we understood that accurate market analysis is key to success in online trading. We, therefore, placed a lot of emphasis on ensuring that the algorithm of the software was able to quickly and accurately compare the prices of cryptocurrencies available at the different exchanges and to find opportunities where our users could buy low and sell high. The end result was an accuracy level of over 98%.
While no automated software solution is able to offer 100% accuracy as a result of the constant fluctuations in the market as well as the many factors which impact asset prices, such as economic and political events, Immediate Edge Bot has definitely stepped up to the challenge and offers its users a high success rate of over 98%, while reducing the risks of trading.