The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding expertise, and comes with many features that can take trades to the highest level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to find 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 strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy, and then check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like 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 that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer 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 like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can aid you in making the most of your trading strategy.