The world of trading in cryptocurrency is quite thrilling However, it can 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 cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for people with no programming knowledge, and provides a variety of features that can help you take you trading experience to highest level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals 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 rules with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can help you make the most out of your trading strategy.