The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those without coding experience, and offers a variety of options to take your trading to the next level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost the trust of traders in their trading strategies they develop.
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 any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will help you make the most of any trading plan.