The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use even for people with no programming experience, and offers various features that can take your trading to the highest level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy has opened and closed, as well as profits net, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective tool for increasing confidence of traders 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. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.