The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use, even for those without coding experience, and offers a variety of features that can boost you trading experience to next step.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy, and then see how many trades the strategy opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase 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. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of your trading strategy.