The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for people with no programming expertise, and comes with various options that will take your trading to the next level.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading and determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most of the trading strategies you employ.