The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding experience, and offers many options that will take your trading to the highest step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies 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 the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders can set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent 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 plan to trade and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit factor. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.