The world of cryptocurrency trading can be very 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 is easy to use, even for those without coding knowledge, and provides a variety of options that will help you take your trading to the next level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules available that make it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy has opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase 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. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most of your trading strategy.