The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming experience, and offers a variety of options to take your trading to the highest step.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent feature 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 plan to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that were opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including 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 levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that can aid you in making the most of any trading plan.