cryptocreed

CoinPoker – the flagman of the industry, the biggest and the oldest pure crypto poker room is the first to introduce USDT as the in-game currency, solving the ever prevailing volatility issues and creating grounds for accelerated growth. Alongside launches two promotions giving away 100,000 GTD in prizes.

The changes will finally allow the poker community to play using chips pegged to dollar value, while at the same time offering the lowest rake in the industry and verifiably fair decentralized card shuffling mechanism – a trio never seen in the history of online poker.

Choosing the coin

With expert advisors, poker elite, and community supporting the need for a change, USDT was an obvious choice as it matched the high criteria the room had for the coin: stability, transaction speed, and the overall reliability.

In addition, USDT is simple to use when it comes to crypto newbies: going from fiat on users‘ bank account to USDT on a poker account and vice versa can be done in a matter of hours. CoinPoker also allows its users to deposit and withdraw in BTC and ETH making the most out of the in-app currency conversion tool.

Better for a player

Looking from a player’s side USDT has the obvious superiority when it comes to providing liquidity and a hedge against crypto market volatility. The tokens are pegged to fiat money making this stable coin less risky than typical cryptocurrencies therefore safe for both newcomers to the poker app and poker pros who will always know their bankroll in terms of fiat value.

Unique bonus system

USDT will work in perfect balance with CHP token, a predecessor in-game currency of CoinPoker, which won’t be a must for playing, however, will guarantee exclusive privileges and perks for its users and holders: Rakeback, extra leaderboard points, exclusive access to the sportsbook section and discounts on withdrawal fees. Reportedly more benefits to come in the nearest future.

A room providing more possibilities to win

It’s worth noting that CoinPoker is a crypto poker room with the lowest rake in the industry and huge promotions giving away thousands in fiat value each week. This is also the first poker room that returns 100% of the rake back to players in various shapes and forms.

Seeing what’s on the table makes it obvious that the combination of the stablecoin USDT as in-game currency and CHP as a bonusing fuel is set for long-term success which is a must to take advantage of as a player.

Best time to join is now

USDT will become the official CoinPoker in-game currency on the 1st, October. The room is marking this significant date by giving away 100,000 GTD in prizes.

Players will be invited to enjoy ‘Crypto Series of Poker’ – the biggest series of crypto poker tournaments that have already become a tradition on CoinPoker, while Cash players will be treated to a two-week Leaderboard rewarding a total of 100 places!

Once registered don’t forget to invite your friends to do the same since the CoinPoker referral program awards 30% of what the referrals rake.

Download and start playing!

Market fads like Flash loans, Yield-farming, or gem-hunting on Uniswap can offer great opportunities for investors, but often these trends burst as quickly as they emerge. Margin trading has only grown in the legacy-financial market for decades, and there is no reason the same interest shouldn’t also reflect in the crypto market.

Coinrule new product launch, Steroid Leverage, will make powerful trading tools available to every trader with unparalleled user-experience.

Among the latest game-changing trading trends of the crypto world, the rise of Margin, Derivatives, and Leverage trading has a spot on the podium. Leverage products allow traders to bet on the future price of a coin and earn, regardless if the price is up or down. New trading venues like Deribit and FTX emerged, and long-established exchanges like Binance and Kraken have added derivatives trading to their product offering.

With the launch of Coinrule’s Automated Leverage Trading “Steroid Leverage,” any trader can pre-plan their leverage trades automatically from a simple interface. Trading with leverage allows traders to exploit immense opportunities to grow capital exponentially – 1,000x and more – but also comes with challenges, especially for hobby traders.

What is Steroid Leverage Trading?

Understanding how leverage works is the first step to achieving the 1,000x returns that every crypto trader is aiming for.

Starting from the assumption that a trader has $1,000 to invest, and he buys the equivalent value of Bitcoin, the return on the investment will be the percentage change of Bitcoin’s price multiplied by the amount invested. In ‘normal’ trading, if Bitcoin moves 1% up, the return will be 1% of $1,000, equal to $10. Now, what if the trader wants to 100x this price growth?

The trader can open a leveraged position on Bitcoin, borrowing funds against collateral (the so-called ‘margin’) to buy more Bitcoin. Let’s assume that the trading platform that the trader uses allows leverage of up to 100x. The degree of leverage is determined by the amount of margin used as collateral for opening the position. 1% of margin corresponds to a leverage effect of 100x, as 1 divided by 1% equals 100. Assuming that the trader invests his full available capital and uses the maximum allowed leverage, he would buy an equivalent of $100,000 of Bitcoin. Returning to the scenario in which the price moves up by 1%, the return for the trader would be $1,000. The yield on the investment would be 1% multiplied by 100x, equal to 100% on the investment.

Of course, the possibility to increase profits by 100x catches the interest of any trader. The downside of course is that the trader takes on much faster and higher risk on his position. To successfully manage this risk and catch the opportunities that present themselves, traders need access to automated trading tools.

Here comes Coinrule’s Steroid Leverage (SL). Managing leveraged positions requires constant monitoring of the market conditions to make sure that the system promptly secures profits and cuts losses. The SL smart-assistant allows creating of advanced strategies like:

“If Bitcoin Future drops 2%, buy, then if the price increases 2% or decreases 2% from the entry, sell.” It takes just a few clicks across a user-optimized interface to launch the strategy and have it running 24/7”

Another great opportunity is to open and close positions on a very short time horizon, profiting from small price changes. Traders call this scalping. Derivatives exchanges charge on average low transaction fees, making scalp trades more profitable.

“Buying and selling with a 0.5% margin of profit and repeating the trade over and over again can return exceptional opportunities.”

How Traders Benefit From Steroid Leverage

The most obvious (and risky!) answer is increasing your returns with the same amount of capital invested. But there are other, even more valuable reasons for using leverage and trading derivatives to add long-term value to your trading.

Short-term Price Speculation

When trading with leverage, it is extremely easy to take positions that allow you to benefit from price upsides and downsides. You can make money no matter if prices go up or down. Swing trading strategies become incredibly profitable when the trader can take advantage of each wave.

The trader can profit from the price drop of a coin by ‘short-selling’ the derivative contract, without the need of holding the underlying asset. That allows a much faster reaction to the ever-evolving conditions of the crypto markets and lets traders catch opportunities faster than ever.

Superior Market Liquidity

When trading cryptocurrencies, getting in or out from a trade can be expensive because low liquidity can drive up the price. That translates directly into a cut of a trader’s profits.

Leveraged trading encourages traders to increase the sizes of their orders, leading to larger liquidity in the order book. That creates the perfect conditions for automatic bots and market makers that in turn contribute to the depth of the market with a positive feedback loop for the price.

Portfolio Hedging

The possibility of profiting from market downturns not only translates into purely speculative opportunities but also allows us to protect your portfolio by ‘hedging’ the risk of sudden price drops.

Often, traders or investors react slowly in times of a crash, especially if they hold many coins to which they feel attached. It’s indeed not easy to close many positions at the same time, both from a technical and an emotional point of view.

Yet, a single short position on a derivative instrument can massively reduce the overall downside risk in a trader’s portfolio, without the need of fire-selling the coins in the wallet.

A good example would be a trader that holds $10,000 worth of diversified crypto assets. To protect himself in times of uncertainty, he may plan to short-sell a certain amount of a BTC perpetual swaps to hedge against that risk; an inverse financial product. The profit in the derivative contract whether a drop occurs would compensate the (not yet realized) loss on the coins held.

While hedging is not yet often used by beginner traders, it’s the way how big players and institutions manage their risk and survive big crashes. Coinrule’s Steroid Leverage fills this gap, empowering every trader to have more advanced control over their assets, no matter if the markets are up or down.

Use Steroid Leverage While Managing Risk

Using a stop loss on each trade is a savvy practice that helps traders protect themselves from larger than expected losses. Especially beginner traders are not used to setting up a stop loss on each position. And even if they do, they often set it at a level that causes the position to be closed in loss, right before the coin actually starts to go into the originally desired direction.

Likely this is the most underrated risk of trading with leverage. Each leveraged position comes with a pre-set stop-loss imposed by the exchange. The intermediary has to make sure every position is closed before the loss exceeds the initial ‘margin’. Remember, trading is a sum-zero game. One’s loss is someone else’s profit. If a trader defaults on his position with an outsized loss, that would mean the traders that took the opposite side of the trade may not claim their profit. To avoid that, the exchange imposes a liquidation price for each position.

The price at which the exchange closes the position automatically depends on the degree of leverage selected. Of course, the lower is the leverage, the further the liquidation price will be from the current market prices.

No coin moves with linear price moves, drops and rebounds happen regularly, so a high degree of leverage means that a lot of positions can be closed in loss without any significant return. Beginner traders approaching derivative tools and margin trading for the first time should never exceed leverage of 5 to 10, considering that most of the most experienced traders rarely push themselves to positions with values above 20 to 50.

Coinrule’s Steroid Leverage lets users build automated trading strategies to protect themselves from the risks of Leverage Trading and to catch the opportunities to grow your portfolio by 1,000x.

Market opportunities arise 24/7 and reacting to them requires advanced tools and automation. With the release of Steroid Leverage, Coinrule has now given the power of automation for Leverage Trading into the hands of regular traders, raising the trading game for the whole world of finance.

Frequently Asked Question

How Does Coinrule Work?

Coinrule is simple to use trading automation platform which can perform using power of automation bot to make profit from tradings.

Is Coinrule com safe?

Yes, CoinRule is safe you can find this from users review that are posted on different platforms.

Who owns Coinrule?

CoinRule owned by Gabriele Musella who is a mentor at Google Accelerator and founder of CoinRule since 2018.