The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming expertise, and comes with a variety of options to help you take your trading to the highest step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with various 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 key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep track of the 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 go through charts for hours.
Coinrule provides built-in 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 choose a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can 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 multiple trustworthy exchanges, Coinrule can be a powerful tool that can assist you in making the most out of the trading strategies you employ.