The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming knowledge, and provides many features that can help you take your trading to the highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very 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 fit into their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.