The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for people with no programming expertise, and comes with many options that will help you take you trading experience to next level.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy and determine how many trades that were opened and closed in addition to the net profit, percentage of profit maximum drawdown, as well as profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most out of your trading strategy.