The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. 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 those with no programming experience, and offers a variety of features that can boost trades to the highest step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that can help you make the most out of any trading plan.