The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those with no programming experience, and offers various features that can help you take you trading experience to highest step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like 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 levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like 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 the trading strategies you employ.