The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with various options to help you take you trading experience to highest level.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over 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 challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that were opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of the trading strategies you employ.