The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those without coding experience, and offers many options that will help you take your trading to the highest level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading 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 features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great 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, the desired time frame as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will help you make the most out of the trading strategies you employ.