The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is 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 continuously monitor the markets. It is easy to use, even for those without coding knowledge, and provides many options that will help you take you trading experience to highest level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform 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 the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match 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 has built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both novice 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 with trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy and check how many trades the strategy opened and closed, as well as its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including 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, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay monthly or annually. Annual plans provide 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 such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most out of the trading strategies you employ.