Immediate Bitcoin is a crypto trading platform that claims to offer a hands-free trading experience that allows users to “start making money immediately with Bitcoin“.
The platform’s official advertisement copy claims that it has a high rate of performance – although that hasn’t been independently verified – and security features backed by AES encryption. This Immediate Bitcoin review will look into how the platform works and attempt to find out if Immediate Bitcoin is genuine.
What is Immediate Bitcoin?
Immediate Bitcoin is a fairly unknown crypto trading platform that claims to run fully autonomously. It is said to be a crypto trading bot that allows users to conduct trades of Bitcoin and other cryptocurrencies and CFDs and generate gains for investors.
The Immediate Bitcoin platform claims that it has a very powerful trading system designed by industry-leading designers and trading experts. However, the site has not provided any details on who those individuals are.
The official website of Immediate Bitcoin is simplistic. All the content has been accumulated on a single page alone. It states that it can generate up to 80% of profits for those who start using the platform. And before using the live trading facility, users may be able to use the demo trading unit. But that feature, along with the other utilities that this site claims to offer, is gated behind a hefty deposit requirement – $250.
That deposit is apparently used as the base amount that the on-boarded trading tech uses to buy tokens during the dip and sell when they are high. No other fee is charged, according to the website. And that zero-fee approach extends to commissions as well.
Also, while the platform self-executes everything, Immediate Bitcoin does claim that users can manually adjust some settings – after checking out the trading instructions – to trade in a more customizable ecosystem.
The trading platform apparently puts a lot of emphasis on security, stating that the website relies on AES encryption – making it impenetrable by most forms of cyberattacks. While these features are suitable – they appear to be tall tales since there aren’t many reviews or user records confirming the site’s security features.
All in all, Immediate Profit claims to have many features, but the proofs to confirm them are less. Therefore, we recommend that investors check out the site for themselves and only invest the minimum amount. Because even if these features happen to be true, the crypto market is still volatile – researching before investing is a must.
Immediate Bitcoin Pros and Cons
By all accounts, Immediate Bitcoin has similar attributes as other Bitcoin robots that we have reviewed before:
- Support for crypt trading pairs and CFDs
- Claims to offer a fully-autonomous trading utility
- Has a zero-fee approach – no withdrawal or deposit fee is asked
- Claims to be available across 160 countries
- Simplified signup process
- 24/7 customer support
- Demo trading account for first timers
- No information or historical data provided about the win rate
- The minimum deposit amount is hefty – especially for beginner-level traders
- There is no way to assess the quality of the platform without registering – which requires depositing the required amount
- No information available about the founders of the website
How does Immediate Bitcoin work?
This trading platform claims to work without any human interference. Claiming itself to provide an easy, safe, and extremely profitable way to trade BTC, Immediate Bitcoin says it can generate immediate profit by leveraging advanced tools to scan the market for conducive conditions.
That means in the current market, where Bitcoin’s performance has been especially volatile, it can possibly find intra-day lows and highs and execute trades quickly to give hefty returns to users. The profit is transferred to the user’s account, and withdrawing them, apparently, has no additional charges.
However, while Immediate Profit has highlighted the risk of crypto trading on its page, it has also bullishly stated that users could earn an up to 80% return on investment (ROI), which hasn’t been audited by a third party.
A demo trading site is available – according to the website’s advertisement copy – and the site does say that it must be used before switching to Live Trade mode. But we don’t know whether the demo account that it claims to offer will be permanent. It may be that the demo account is a finite feature that Immediate Bitcoin turns off soon after users begin live trading.
These are just some of the unknown variables of Immediate Bitcoin. Thus, investors must pay heed to other reviews (including this one) before checking out this platform. And even if they choose it, they must only decide to invest more if they are able to get good returns.
And if the variables bother people too much, they are better off investing in crypto presales that have much more gains to offer. These tokens are yet to be listed on cryptocurrency exchanges – and are already making hefty gains for early investors, thanks to their presale stages.
Immediate Bitcoin Features
Listed below are some of the major features that Immediate Bitcoin claims to offer:
No Trading Fees
The Immediate Bitcoin website suggests that a zero trading fee is applied to all trades. It also states that registration doesn’t have any hidden fees. However, that might be marketing-based content since investors do need at least $250 to get access to any of the features. While this may only be a “deposit requirement”, considering how many features are tied to this deposit, we can say that there is some trading fee – that is to be paid for a single time.
Support for Multiple Assets
Immediate Bitcoin offers a wide range of CFDs in crypto. The site claims that cryptocurrency pairs like BTC/USD. BTC/GBP, ETH/USD, and XRP/USD are also available on the platform. And according to Immediate Bitcoin, the powerful algorithm that it implements prioritizes pairs based on the current market conditions.
Fast Trading Mechanics
The cryptocurrency market is volatile – and the recent memecoin mania has only shown us a glimpse of how much. And according to Immediate Bitcoin, this volatility can be beaten through rapid trades. To assert that, the platform states that it conducts 15 trades per minute.
Immediate Bitcoin boasts an array of secure features meant to keep users safe. One of its most highlighted ones is AES encryption. The site claims that it can protect the site from most forms of cyberattacks. Immediate Bitcoin goes further and states that it is part of the EU GDPR, ensuring that none of the client’s info gets shared without the client’s consent.
Easy Sign-Up Process
Signing up on Immediate Bitcoin is easy. Users only need to enter their names, email, and phone number to get started. The signup process will be complete after a quick verification. And considering there is no mention of KYC requirements – the site may be operable across the globe. However, Immediate Bitcoin does say that it is usable in countries that support CFD trading; 160 countries do support that form of trading.
Immediate Bitcoin Fee Structure
Immediate Bitcoin has a simple fee structure – which means that no fee is charged at all. Everything, from deposit to withdrawal fee, is free. The platform has also not hinted at any trading commissions. However, there may be trading fees on other exchanges if integrating the Immediate Bitcoin tool on them.
Immediate Bitcoin Minimum Deposit
Immediate Bitcoin states that it has a “zero-fee” approach, and all the features of this platform are free to use. However, these costs likely come under the first deposit, which users must make to access any feature that the site claims it has. At press time, it is $250. That is the seed money one needs to access anything that the platform offers.
Immediate Bitcoin Compatible Devices
Even though we couldn’t verify how the trading tools would look on different platforms, we were able to test the official website on different devices. They look the same. The design of this website is homogenous. So, whether one is accessing it from a desktop, laptop, or mobile phone, there won’t be any issues. The icons were visible, and the texts were large enough to read. Also, the buttons were clickable. If the trading tools that the site claims to offer to have the same level of flexibility, Immediate Bitcoin would be a great trading platform.
Is Immediate Bitcoin Legit?
There is simply not enough information that informs us whether Immediate Bitcoin is a legitimate platform or not. For instance, there is a lot of content available, but none of those content talks about ht actual features that are available on the site. The content only talks about the effectiveness of those tools.
Also, while there is a sign-up button available, it is not quickly clear to users where it might lead to. And while the platform appears good on all devices, we can’t say the same about the trading tools that it has – since we weren’t given access to them.
Finding customer reviews on this platform was easy but confusing. For instance, there are two sets of reviews, each for a different version of Immediate Bitcoin, available. One has a cumulative rating of 3.5, with only 5 reviews. And the other one has a cumulative rating of 1.5, but there are 46 reviews. Both of these go directly against what the official website states about the reviews. The marketing copy states that there are over 50,000 reviews on Trustpilot.
It may have been the case that Immediate Bitcoin has changed its name in the past, and there are many similar sites online such as Immediate Momentum.
The lack of information that these facts present don’t give a good picture of Immediate Bitcoin. However, because there are some reviews that appear to be legit, we can’t outright say that Immediate Bitcoin is a scam.
We recommend that users check out the site on their own and make up their own minds before moving forward. Also see our review of other algorithmic trading platforms.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Immediate Bitcoin Customer Support
The platform claims that customer support is available, but only for those who register. And we make that assumption based on the fact that there is no Contact Us page available. Even the about us page hasn’t specified any way to reach out to the customer support team. That said, reviews have stated that registered users can reach out to the team via live chat, email, and even phone.
How to Start Trading on Immediate Bitcoin?
Here are the steps to take to start trading on Immediate Bitcoin.
Step 1- Create an Account on Immediate Bitcoin
Go to the official website of Immediate Bitcoin and enter your name, email, and phone number (we recommend using a burner number if you’d prefer to communicate via email). You will receive a verification email and will be directed on how to verify your account.
Step 2 – Deposit
You need $250 to access the features that Immediate Bitcoin claims it has. So, the next step is to use the methods listed on the website to make the deposit.
Step 3 – Learn the Tools and Start Trading
Once you have entered your dashboard, Immediate Bitcoin states that you must check out the tutorials to learn the tools and try out the website using the demo account. Switch to live trading after setting the parameters of the trade.
How to Delete an Immediate Bitcoin Account?
Immediate Bitcoin hasn’t provided any insight into how to delete an account. Some reviewers have stated that contacting the customer support team can do the job. Others imply that one can delete the account by logging in and clicking the terminate account option.
Are Celebrities Supporting Immediate Bitcoin?
There have been rumors going around that Immediate Bitcoin has celebrity backing, which is helping it grow. However, there is no proof to substantiate this claim. Names like Elon Musk, Jeff Bezos, and Martin Lewis always get attached to projects like this, and it’s almost always untrue. That’s the same case here as far as our research is concerned.
Who are the Founders of Immediate Bitcoin?
Immediate Bitcoin has given us no information about who the makers of this site are. Other reviews also have no idea about this matter. While there are rumors that this site is being backed by financial institutions and veteran traders, there is evidence to substantiate those rumors.
While it is nothing new to hide the original creators of the project – even a Bitcoin maker is an unknown entity – not knowing the main creators can be a red flag.
Immediate Bitcoin Payment Methods
Following are the payment methods applicable in Immediate Bitcoin.
- Credit card
- Debit card
- E-Wallets, like PayPal
Some customers have said that Bitcoin is also a supported method of payment. But the site hasn’t expanded on this detail.
Immediate Bitcoin does make a lot of promises and offers a lot of information on the website. It states that it has an autonomous trading tool, which makes it easier for people to generate profits in a volatile market.
However, information surrounding what those tools are is not available. Social media sites aren’t talking about this platform, and Trustpilot reviews of this platform are mediocre at best. Therefore, we recommend exercising caution and investing only what you can afford to lose.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.