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What Is Short Sell A Position In Coinrule

The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use even for those with no programming expertise, and comes with various features that can take you trading experience to highest step.

Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.

One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders can set their cryptocurrency trading on autopilot and not go through charts for hours.

Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available, making it easy for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.

Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy has opened and closed, as well as its net profits, 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 their trading strategies they develop.

Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.

Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25%.

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