The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for those without coding expertise, and comes with various features that can help you take your trading to the highest step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders create 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 on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades were opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most of the trading strategies you employ.