The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for those without coding expertise, and comes with many options that will take you trading experience to highest level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they design.
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 offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can aid you in making the most out of the trading strategies you employ.