The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those with no programming expertise, and comes with various options that will take trades to the next 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 cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both new and experienced traders to choose a strategy that works 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 strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as the profit ratio. This is a useful method to boost a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like 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 that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most of the trading strategies you employ.