The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding experience, and offers many options to boost your trading to the highest level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy to see how many trades were opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy 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 provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.