The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use even for those with no programming expertise, and comes with many options that will boost you trading experience to next step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most of any trading plan.