The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides a variety of features that can help you take your trading to the highest level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based 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 the trading strategy to see how many trades the strategy opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust instrument that can help you make the most out of your trading strategy.