The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with various options that will take your trading to the next level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause 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 excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that were opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase the trust of traders 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 integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can assist you in making the most out of any trading plan.