Investing 23-01-2024 19:06 20 Views

Immediate XGen Review – Scam or Legitimate Trading Platform

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Immediate XGen claims to provide users with a way to attain financial gains without having to put much thought into strategy. The platform promises to deliver cutting-edge technology that will do all the heavy lifting on a client’s behalf.

How true are any of these claims? We will explore this and more in this Immediate XGen review for 2024.

Immediate XGen Summary

Supported Assets
Bitcoin, Litecoin, Ripple, and Ethereum

Accuracy Rate
Not mentioned

Mobile App
No mention of an Immediate XGen app

Fees
Not mentioned

Customer Support
24/7, but only for registered users

Withdrawal Speed
Not specified

Minimum Deposit
$250

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

What is Immediate XGen?


The current volatility that the market is going through has made it necessary to look for trading platforms that can make investment effortless. One of the platforms that purportedly make it possible is Immediate XGen.

According to the website, this platform is instrumental in unlocking a spectrum of trading opportunities. “The platform will provide you with a plethora of trading prospects”, the site claims. Helping with this is reportedly a user-centric UI that will assist newcomers eager to explore the markets and seasoned traders seeking to diversify their portfolios.

Multiple compelling trading opportunities have been listed on the platform. The first one among them is the diversified trading options. Users reportedly will have access to both manual and automated trading modes. With manual trading modes, investors will reportedly have complete control.

However, it is the hands-free trading mode that got our attention. The platform says that the onboarded crypto trading bot executes trades based on pre-defined strategies. The platform does not talk about the win rate that this system is able to achieve.

Another key aspect that the platform has highlighted is the inclusive approach to novices and experts. The platform says that there is an educational hub in place to help new traders gain insight. Seasoned traders, on the other hand, can reportedly gain access to tools to help them diversify their investments.

As enticing as these claims might be, proofs supporting them are few online. We have also been unable to access the platform since even accessing the demo trading account comes with a minimum deposit requirement of $250. Investors are, therefore, advised to take all the precautions needed before trading on this website.

Immediate XGen Pros and Cons


Here are the pros and cons we could find upon reading the content of the Immediate XGen website.

Pros

States that users will get diversified trading options
Reportedly supports both manual and automated trading mode
The platform has an inclusive approach to new and old traders
Offers comprehensive support to crypto
Boasts a demo trading account as well
Offers an educational hub

Cons

No details available about the founders
No details about the fees available
Demo trading account not accessible for free
Requires a minimum deposit of $250

How Does Immediate XGen Work?


Immediate XGen clearly states that it is a hybrid trading system. Users can reportedly leverage the platform’s AI-backed features to create trading strategies and engage with trading hands-on.

These features are reportedly supported by tools such as educational hubs and portfolio management systems. With the educational hub, investors reportedly gain access to features that help them learn more about crypto. While it hasn’t been stated what kind of educational materials are delivered, we believe that blogs, articles, and video tutorials might be available.

With the portfolio management tools. users might get access to ways to monitor the markets and their investment history.

The other type of trading that Immediate XGen has highlighted is automated trading. Investors can set up the AI crypto trading bot reportedly and then let it run 24/7, finding trading opportunities and executing them.

That’s the extent of what we could find in how the platform works. There may also be other variables involved. But we recommend talking to the customer support team for answers.

Immediate XGen – Top Features


Listed below are the features that Immediate XGen states are the highlights of the platform:

Intuitive Interface for All Users

Per the site’s claims, Immediate Xgen keeps a lot of stock on simplicity and user-friendliness. This is why it asserts that it provides a smooth trading experience for individuals of all backgrounds. Per the website, whether an investor is a novice or a seasoned trader, they will get access to all the tools necessary to interact with the market properly. The website also claims that the demo trading account is equally powerful. There are also comprehensive trading guides available, designed to give users the right introduction to the crypto industry.

Real-time Trading Signals

According to the website, users will get access to real-time crypto trading signals to make informed trading decisions. These signals are reportedly delivered using email or through the application itself. The platform also talks about technical indicators that investors can leverage to discern where the price of an asset is going.

Multi-Device Support

According to the claims, investors don’t need to worry about where and when while using Immediate XGen. The platform has multi-device support, accessible through computer, tablet, and smartphone. “No trading opportunities will be missed”, according to the website, and users will be able to access flexible trading opportunities from anywhere.

Robust Online Security

Immediate XGen claims to prioritize the protection of a user’s deposits and transactions. The platform has reportedly implemented a robust encryption technology to secure personal details and safeguard information. The platform claims that users will be able to trade with confidence when using the platform.

Round-the-clock Customer Support

The platform claims that all types of traders will be able to access high-end customer care services. Per the claims, these experts will be able to help investors analyze the market or help them set up autonomous trading facilities.

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

Immediate XGen – Fees


Immediate XGen doesn’t say anything on the website about any fee. However, that doesn’t mean the platform necessarily has a fee-free structure. We believe that there might be some transactional fee, withdrawal, or deposit fee involved. And like with any other autonomous trading platform, investors must expect there to be a commission.

Immediate XGen – Minimum Deposit Requirement


Immediate XGen has the same requirement as a minimum deposit as other platforms. Those who sign up for the first time must deposit at least $250 before getting started. The platform states that it is a “modest” deposit. However, novice users might find this deposit a little too much, especially since the platform doesn’t highlight many of its key details.

Is Immediate XGen a Scam?


In order to assess a website, it is important to take a critical look at its offerings. That’s what we did for Immediate XGen. Unfortunately, we didn’t come across any information that could mark it as a scam or a legitimate trading platform.

For instance, the site’s claims of providing a robust trading interface fit for all types of traders couldn’t be verified by us. However, this is because most of its trading features are locked behind a mandatory deposit requirement. These features include the demo trading account, which made independent testing of the platform impossible.

Secondly, there are some third-party reviews that gave us pause. Most of the third-party platforms that have reviewed this platform’s offerings talk of it as an investment education platform, covering crypto courses and lessons related to other forms of assets. While the platform does talk about providing users access to an educational hub, we could not find anything that would suggest investors have access to a full-fledged educational page.

Then there is a lack of customer testimonials that we have to consider. There are no first-hand accounts available online that could tell us how the platform performs.

These details make the legitimacy of the platform fuzzy. Therefore, we recommend investors take all the necessary precautions before diving into this platform.

How to use Immediate XGen?


The following steps will let you start using Immediate XGen right away:

Step 1 – Create an Account on Immediate XGen

First, visit the official Immediate XGen website and start the account creation process. Enter your name, email, and other details, and wait for the call from the account manager to arrive. An account manager will reportedly then give you an insight into how the site works.

Step 2 – Deposit the Minimum Amount

If you agree with the platform’s fee structure, use the link provided to make a deposit. You can use multiple ways to deposit the required amount. Most ways to deposit are fiat. So, make sure that you have enough to get started.

Step 5 – Start Trading on Immediate XGen

Once you have topped up your trading account with the required amount, you can get started with the trading process. Make sure to check out the demo trading account first to get an idea of how everything works.

How to Delete an Immediate XGen Account?


Information about how one can delete an Immediate XGen account is not available on the official website. However, there are a couple of things you can try.

Log in and go to the dashboard to delete your account. Make sure to read the terms and conditions carefully before proceeding since account deletion may also remove any funds that you have inside it.
Talk to the customer support team and request them to delete your account.

Alternatively, if you have exhausted your minimum deposit, you can stop engaging with the website. There is a chance that a dormant account will be deleted automatically.

Have Celebrities Endorsed Immediate XGen?


No celebrities online or anywhere else have come out in support of Immediate XGen. Even the website does not talk about having any celebrity backing. So, we recommend that you ignore any such claims that you come across.

Who is the Founder of Immediate XGen?


According to the About Us page of Immediate XGen, a collective of dedicated, motivated, and seasoned young entrepreneurs were involved with the making of Immediate XGen. Per the site’s claims, these makers have a strong foundation in the blockchain industry. However, the platform hasn’t provided any details when it comes to their names or professions.

Latest Bitcoin News


Here are the latest news about Bitcoin to stay updated with the market:

The Bitcoin rally has corrected, with BTC dropping below $40k.
Within three days of the spot Bitcoin ETF approval, Bitcoin ETF net inflows have reached close to $1 billion.
Crypto presales are being considered better options amidst the current uncertainty of the crypto market.

The Verdict


Immediate XGen presents users with a hybrid trading platform. On one side, it talks about sophisticated trading features that will make it easy to trade manually. And on the other, it talks about sporting an automated trading platform for those who want to engage with trading hands-free.

The issue is that both of these claims cannot be proved from third-party reviews available online. Furthermore, the platform does not talk about its team, only mentioning a few marketing terms. Due to these factors, we are not sure whether Immediate XGen is a scam or a legitimate trading system. We recommend investing wisely if you choose to use it.

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

FAQs


What is Immediate XGen?

Immediate XGen portrays itself as a next-gen trading platform supporting both manual and automated trading modes. It talks about providing robust crypto signals to manual traders and automated trading services to those who want a hands-free trading experience. However, investors are advised to exercise caution when using this platform.

Has Elon Musk endorsed Immediate XGen?

There are many rumors floating around online talking about Elon Musk supporting a crypto trading platform. However, rumors are all they are. There is no indication of the Dogefather actively pushing any cryptocurrency exchange in the past, and it is unlikely that he will show any interest in what Immediate XGen has to offer.

The post Immediate XGen Review – Scam or Legitimate Trading Platform appeared first on Cryptonews.

Other news