The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those without coding knowledge, and provides many options that will take your trading to the highest step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy, and then see how many trades the strategy has opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost confidence of traders in the trading rules they design.
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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that will help you make the most of any trading plan.