The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto 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 take your trading to the highest level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades the strategy opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in 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 your trading strategy.