The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those with no programming expertise, and comes with many options to boost your trading to the next step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main features 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 the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most of your trading strategy.