The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for people with no programming experience, and offers many options to boost you trading experience to next step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their strategies. This means that traders can put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame, and the trading strategy to see how many trades the strategy opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most of the trading strategies you employ.