The world of trading cryptocurrency 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 stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use, even for those with no programming experience, and offers many options to help you take your trading to the next level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is 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 plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy, and then see how many trades were opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can help you make the most of your trading strategy.