The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for people with no programming experience, and offers various options that will help you take trades to the highest step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their plan of action. This allows traders to set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy to see how many trades were opened and closed in addition to the net profit, the percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most out of your trading strategy.