The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for people with no programming experience, and offers many options that will help you take you trading experience to highest step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This allows traders to set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame, and the trading strategy and check how many trades 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 their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most of any trading plan.