The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use, even for people with no programming experience, and offers various options to boost your trading to the next step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using 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, and then check how many trades the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing confidence of traders 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 levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
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 trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that will aid you in making the most of your trading strategy.