The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for those with no programming knowledge, and provides a variety of options to help you take you trading experience to next level.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategy. This allows traders to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy to determine how many trades that were opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective method to boost confidence 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 any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most out of any trading plan.