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How Do You Figure Out The Profit Of A Trade On Coinrule In Usd

The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming experience, and offers various features that can boost you trading experience to highest level.

Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.

One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot and not spend hours poring over charts.

Coinrule has integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.

Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy, and then see how many trades the strategy has opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.

Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.

Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.

All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will help you make the most of any trading plan.