The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those without coding experience, and offers a variety of options to help you take your trading to the next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy, and then determine how many trades that the strategy opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most of the trading strategies you employ.