The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming knowledge, and provides many options that will help you take trades to the next level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. 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 the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy, and then check how many trades were opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will assist you in making the most out of the trading strategies you employ.