The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those with no programming knowledge, and provides many features that can help you take trades to the highest level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategy. This allows traders to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules to choose 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 they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy to determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts up to 25%.
Overall, 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 as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will help you make the most of the trading strategies you employ.