The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those without coding expertise, and comes with various options to help you take your trading to the next step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make 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 built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades the strategy has opened and closed in addition to the net profit, percentage of profit maximum drawdown, as well as profit factor. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
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 provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will aid you in making the most out of any trading plan.