The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those without coding knowledge, and provides many options to boost trades to the highest step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various 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 most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both experienced and novice traders to find an approach that is suitable 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 feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including 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 levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient 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 support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most out of the trading strategies you employ.