The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides many options to boost you trading experience to highest level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules available that make it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of 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 range from $0 to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can aid you in making the most of the trading strategies you employ.