The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with many options that will help you take you trading experience to highest step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its user-friendly 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 lets traders establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful method to boost a trader’s confidence 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. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.