The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for people with no programming knowledge, and provides many options that will boost trades to the highest level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful instrument to increase a trader’s confidence 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 any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 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 take your cryptocurrency trading to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that will help you make the most of any trading plan.