The world of trading in cryptocurrency is quite thrilling 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 cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those without coding experience, and offers various options that will boost you trading experience to next level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy to see how many trades the strategy opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
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 like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will help you make the most of your trading strategy.