The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those with no programming experience, and offers many features that can help you take you trading experience to next step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades were opened and closed and also its net profits, percentage of profitability, maximum drawdown, and profit factor. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most of your trading strategy.