The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for people with no programming expertise, and comes with a variety of options that will take your trading to the highest level.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders can place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers 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. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most of your trading strategy.