The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for those without coding expertise, and comes with many options to boost your trading to the next level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and see how many trades were opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as profit factor. 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, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.