The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those with no programming experience, and offers various options that will help you take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy has opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
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 tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can help you make the most of any trading plan.