The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with various options that will take trades to the highest step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades were opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including 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 tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to%.
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, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most of your trading strategy.