The world of trading in 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 stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides many options to take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules 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 as well as the strategy for trading and see how many trades were opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.