The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming 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 cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with many options that will boost trades to the next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 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. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective method to boost confidence 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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most of any trading plan.