The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those with no programming expertise, and comes with a variety of options to help you take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to find an approach that is suitable 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 wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing a trader’s confidence 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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of your trading strategy.