Experts Compare Immediate Edge vs. Kraken - Key Differences

Last Updated November 7th 2022
6 Min Read

As of October 2022, more than 20,000 cryptocurrencies are on the market. Although most cryptos failed to reach the standards of traders, some cryptos are enjoyed by many crypto enthusiasts worldwide because of their advantages. With the increasing number of cryptocurrencies, choosing which ones to trust and invest in is challenging. But if you’re following the crypto news, you probably know that two cryptos are gaining popularity - Immediate Edge and Kraken. Read on to learn more about these two cryptocurrencies and which is the better choice.

cryptocurrencies

 

Immediate Edge

If there’s one thing the Immediate Edge platform proudly boasts, it’s their fast trade completion technology feature that’s proven to be seconds faster than other platforms. Due to that feature, this platform is popular among traders who prefer short trading programs or those who wish that their transactions would finish quicker. You may visit its website to see its unique system and how it has helped thousands of traders earn.

Immediate Edge’s system keeps track of all the emerging trading patterns or trends to ensure it’s on its way when handling various tasks. This platform’s system uses artificial intelligence to examine the market in real-time. It looks for the best profit opportunities considering two critical factors: historical data and volume fluctuations.

The platform’s AI system studies and observes market movements and notes the indicators that appear and how they can affect transactions. Immediate Edge will be your best bet if you’re a beginner in the crypto world. Why? Because it connects traders like you to reliable brokers in the market who understand how the market works and possess the tools and the appropriate knowledge for a practical trading experience.

Advantages Of Immediate Edge

The platform’s fast trading technology can perform a trade to provide the best and quickest possible results. You might think this fantastic technology would require a high price, but it’s not! You can set up your account and start trading with just $250, a more affordable price than other platforms. Plus, the account creation and verification process won’t leave you scratching your head - it’s straightforward.

You need to register by filling up personal details such as your name, address, and phone number. After creating your account through a desktop computer or smartphone, you won’t have to worry about the struggle of exploring the app as it’s easy to use and user-friendly.  However, if you require help or have some questions,  there’s no need to wait for a couple of hours because immediate edge’s customer service is available 24 hours a to help you with your inquiries.

Immediate Edge offers a demo trading account if you’re not ready to risk your real funds for personal reasons. This allows you to trade in the real-time market without putting your real money at risk; it gives you the experience of seeing the need and familiarising yourself before taking any real financial risks.

 

Kraken

Now that you have an idea about Immediate Edge, let’s talk about the other popular platform, Kraken. Similar to Immediate Edge, this platform shares the same goal of making transactions easy for traders, such as buying, selling, and trading. Kraken is also one of the first Bitcoin trading platforms that contain more than 120 other coins with reasonable trading fees.

Kraken is famous for many things, but on top of its excellent features, many love how this platform keeps cryptocurrency features and spot trading reasonable at market fees. Due to this feature, experts believe this platform is a good choice for beginners and investors searching for affordable trading fees and access to thousands of crypto coins.

Kraken was established in 2011 but has already caught the attention of crypto traders and business investors with competitively priced crypto trading. Kraken users also have the choice to use Kraken Pro, an active trading platform that includes a piece of more detailed asset information, such as dynamic charts and views into open orders.

Kraken Advantages

Regarding advantages to its users, Kraken is not far behind Immediate Edge. Starting with security, Kraken has a two-factor authentication that allows you to set up two-factor codes for sign-in, traders, and account withdrawals to ensure your account is safe from cyber hackers. It also offers a feature to lock your account from any sign-in attempts if you suspect that someone is trying to hack your account.

If you plan on diversifying your portfolio, Kraken supports over 100 cryptocurrencies, such as the popular Bitcoin, Ethereum, Dogecoin, Cardano, and more. Buying cryptocurrencies is super easy with this platform, as you can pay through your linked bank account, which makes it easy to convert or sell between currencies in your account. If you’re looking for a platform that offers margin trading options, Kraken allows its users to borrow cryptos five times higher than their account balance to place more trades on up to 36 different assets.

 

Immediate Edge vs. Kraken

When you look at these two platforms, it’s evident that they’re both excellent platforms that want to make the trading process more manageable. When it comes to advantages, Immediate Edge offers an easy and quick withdrawal process, a demo account, a wide range of cryptos available for transactions, and a robot that’s highly encrypted to avoid data breaches.

On the other hand, Kraken offers advanced features like margin trading and staking, relatively low Bitcoin withdrawal fees, top-notch security, a wide range of cryptocurrencies, and an active platform for advanced traders.

With the great benefits they offer, it’s safe to say that if you come across these two platforms, you’re on the right track to starting your career in the best way. However, if you’re the type of trader interested in making fortunes in the crypto market, need some guidance from the experts, and want total control over how you manage your accounts, Immediate Edge is the better option.

 

Conclusion

Cryptocurrency has a highly volatile nature, and just like any other investment venture, it comes with risks that may harm your career. Different platforms have various benefits and drawbacks, so choosing one is essential. With Immediate Edge, you can diminish this risk to less than 1%, which means the chances of earning from each trade are relatively higher when you use the platform. So what are you waiting for? Create a demo account with Immediate Edge today!

Read More:

10 Best Crypto Apps

Next Cryptocurrency To Explode

How To Trade Cryptocurrencies During Inflation

The Top 5 Advanced Crypto Trading Strategies

10 Most Volatile Cryptos To Buy

The 7 Best Cryptocurrency Wallets

Top 10 Most Searched Cryptocurrencies

Best Beginner Crypto To Invest In

Top 10 Cryptos With The Most Upside Potential