The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming experience, and offers a variety of features that can boost you trading experience to next step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the constantly 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 allows traders to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy and determine how many trades that were opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like 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 including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.