The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use even for people with no programming experience, and offers many features that can boost your trading to the highest level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy and see how many trades were opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can help you make the most out of any trading plan.