The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those without coding expertise, and comes with various features that can boost you trading experience to next step.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency 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 multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy, and then see how many trades were opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 through $499.99 per month. 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 convenient experience that can boost your cryptocurrency trading experience to the highest 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.