The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming 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 be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides various features that can help you take your trading to the highest level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the 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 means that traders can set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules available, making it easy for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that were opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use 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 to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.