The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding experience, and offers various options that will boost you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules to choose 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 with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy to see how many trades were opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like 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 that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most of any trading plan.