The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for people with no programming experience, and offers various options to take trades to the next step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies 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, greater than 200% over its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause 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 the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can 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 of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can assist you in making the most of the trading strategies you employ.