The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for those without coding expertise, and comes with many options that will help you take your trading to the next level.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy to see how many trades were opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing the trust 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, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
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 like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can help you make the most out of the trading strategies you employ.