The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for people with no programming experience, and offers many features that can boost your trading to the next step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy and determine how many trades that the strategy has opened and closed and also profits net, percentage of profit, maximum drawdown, and the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of 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 offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most out of your trading strategy.