The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those with no programming knowledge, and provides a variety of options that will boost your trading to the highest step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep 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 strategy. This means that traders are able to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades the strategy has opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can aid you in making the most out of your trading strategy.