The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those without coding knowledge, and provides many options that will take trades to the highest step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay 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 strategy. This means that traders can put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading and see how many trades the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most of the trading strategies you employ.