The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for people with no programming knowledge, and provides various options to boost trades to the highest step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes 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 built-in trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy, and then see how many trades the strategy opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can assist you in making the most of your trading strategy.