The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use even for people with no programming experience, and offers a variety of features that can help you take you trading experience to next level.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in 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 then determine how many trades that the strategy opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost 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, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay each month 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 boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can assist you in making the most out of the trading strategies you employ.