The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides a variety of options that will boost trades to the next step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy, and then check how many trades the strategy opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including 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 tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most out of your trading strategy.