The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those with no programming knowledge, and provides 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 blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.