The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for those with no programming knowledge, and provides a variety of options to help you take you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies 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, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy 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 receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.