The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for those without coding knowledge, and provides various options to take you trading experience to next level.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as 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 including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most out of any trading plan.