The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for those without coding experience, and offers a variety of options that will boost you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategy. This allows traders to set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 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 time, and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that were opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as profit percentage. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most out of any trading plan.