The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding knowledge, and provides various options that will boost you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective 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. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most out of any trading plan.