The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for those without coding knowledge, and provides many features that can boost you trading experience to highest level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading and determine how many trades that the strategy opened and closed, as well as its net profits, percentage of profit maximum drawdown, as well as profit factor. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range 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 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.