The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for those without coding expertise, and comes with many options that will boost trades to the highest step.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its 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 lets traders set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders are able to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy and determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most of your trading strategy.