The world of cryptocurrency trading 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 tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those with no programming expertise, and comes with many options to help you take your trading to the highest level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select 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. Additionally, traders can pause 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 excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy to check how many trades the strategy opened and closed and also its net profits, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing confidence of traders 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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of any trading plan.