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How To Short Using Coinrule

The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those without coding knowledge, and provides various features that can help you take trades to the next step.

Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.

One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot, and not look over charts for hours.

Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.

Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy to check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase the trust of traders in the trading rules they design.

Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.

Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25%.

In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that will aid you in making the most out of any trading plan.