In the 21st century, cryptocurrency has emerged as one of the most discussed topics due to its method of producing money online. People who want to purchase products confidentially build credibility by being able to use digital currencies that are not regulated by the state.
Several established ones have expanded their offerings to include cryptocurrency trading, and many new platforms have emerged. Whether it’s AltCoins or Exotic Cryptos, this software’s main goal is to use computer-controlled technology to convert fiat currency into cryptocurrency.
In this article, we will go over the great aspects and just about everything else you need to know about the Immediate Edge auto trading platform and Kraken, wherein you can identify the similarity and differences between the two.
About Immediate Edge
Immediate Edge is a platform where you can trade Bitcoin and other cryptocurrencies. Even for newcomers, it can make trading crypto coins and fiat currencies simple. It was Edwin James and a group of people who developed the tool.
The platform employs time-advanced artificial intelligence and offers trading options in Ethereum as well as various coins and tokens.
Immediate Edge accepts deposits via Skrill, Klarna, bank transfers, credit cards, and debit cards. With a minimum deposit of $250 and an accuracy rate of 90%, you can start making money right away.
It is worth noting that even the best algorithms can not guarantee a perfect win percentage. A 90%-win rate means that you can profit from 9 out of 10 trades as a trader.
Immediate Edge is backed by a team of highly regarded licensed brokers who serve as the company’s point of contact with clients and markets.
One of the services offered by these brokers is the provision of trading leverage of up to 5000:1. This amount of leverage magnifies the gains made by minor price changes. Leveraged crypto CFD trading is extremely risky. Only trade with funds that you can easily lose.
Kraken is a trading platform that allows you to buy and sell assets like Ethereum or Bitcoin. It is one of the oldest crypto exchanges, supporting over 120 different crypto coins for purchase, sale, and trading at challenging exchange rates.
Furthermore, Kraken is notable for allowing spot trading at the latest market rates as well as crypto futures.
Kraken is an excellent choice for both new and experienced crypto traders and investors seeking a small trading cost and access to a diverse range of coins. In addition to purchasing and buying cryptocurrency at market prices, Kraken provides traders with futures trading and margin accounts, which can be used for some trading methods.
Advantages of Immediate Edge vs. Kraken
Immediate Edge Advantages:
- For new users, there is a demo trading option available
- Customer service is available 24/7
- The minimum deposit is $250
- There is no software licence fee
- SLA for platform uptime of 100%
- The cryptocurrency marketplace has a win-rate accuracy of 90%
- The Immediate Edge has a smartphone app
- A secure and legit tool
- High leverage (x5 for margin, x50 for futures trading)
- High liquidity is provided by the exchange’s high trading volumes
- Excellent staking options
- All major crypto coins, plus seven fiat currencies
- A straightforward user interface
Disadvantages of Immediate Edge vs. Kraken
Immediate Edge Disadvantages:
- Due to the prohibition on CFD trading in the United States, this product is not available
- To begin with, some capital is required
- Fees are higher when Kraken Pro is not used
- Some users have reported losses as a result of hacker attacks
- Not recommended for beginners
- Customer service is questionable
- There is no tax support
- Minimal fundamental account
- Account funding is slow
Highlighted Features: Immediate Edge vs. Kraken
Immediate Edge comes with a slew of strong features that help you keep improving your understanding and diversify your financial portfolio. It is critical that you understand how these features work and how they impact your life.
- You’ll be registered in minutes
- Utilise technology at work
- Responsive Customer Support
- Access to a Diverse Selection of Cryptocurrencies
- It is simple to withdraw
On the other hand, features of Kraken include:
- Fees are low
- API key permission control that is precise
- Email confirmation of 2FA withdrawal
- Numerous crypt coin options
- Takes 5 or fewer days to register
Immediate Edge has the potential to be a valuable auto-trading platform for anyone interested in investing in Bitcoin and other cryptocurrencies while also earning extra money.
Immediate Edge could be an ideal starting point for new traders. With reputable brokers and a responsive ability to handle your funds, as well as a total user-friendly component,
This platform is a reliable and financially rewarding source of money, though you should be wary of the level of leverage.
However, Kraken is particularly well suited to experienced crypto investors. Even though basic buy/sell orders incur industry-standard fees, comparable to competitors’ trading fees, more complex transactions are lower.
The disadvantage is that these sophisticated transactions have a complicated fee structure and a potentially intimidating business application program, which may discourage more beginner investors.
Furthermore, the cryptocurrency market is extremely volatile. As a result, never spend more than you can afford to lose and always be a responsible trader.