The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those without coding knowledge, and provides many options to help you take your trading to the next level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using 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, and then determine how many trades that the strategy opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several 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 that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that will aid you in making the most out of any trading plan.