The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those without coding knowledge, and provides a variety of features that can take trades to the highest level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that were opened and closed, as well as profits net, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.