The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. 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 continuously keep track of the market. It’s easy to use even for those with no programming experience, and offers a variety of features that can take trades to the next step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature 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 will be trading and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and profit factor. This is a useful instrument to increase the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including 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 including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most of any trading plan.