The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides various options that will help you take your trading to the highest level.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key 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 constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades were opened and closed and also profits net, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.