The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful 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 cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those without coding expertise, and comes with a variety of options to take you trading experience to next level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame and trading strategy and see how many trades were opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit factor. This is a useful method to boost a trader’s confidence 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 levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can aid you in making the most of any trading plan.