The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with a variety of features that can help you take your trading to the highest level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to find the best strategy 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 strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan 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 has opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like 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 including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most out of your trading strategy.