The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for those without coding expertise, and comes with a variety of options that will boost your trading to the highest step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading and see how many trades were opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as 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, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying 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 take your cryptocurrency trading to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of any trading plan.