The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those without coding knowledge, and provides various features that can boost trades to the highest step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with multiple 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 key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with 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 strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy has opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary 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 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.