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 trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding knowledge, and provides various options that will help you take you trading experience to highest step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.