The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming 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 constantly keep track of the market. It’s simple to use even for those without coding expertise, and comes with many features that can take your trading to the highest level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy and check how many trades the strategy has opened and closed and also profits net, the percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
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 including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most out of any trading plan.