The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming for many traders. 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 a variety of options to take trades to the next step.
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 cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders are able to put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, 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 its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable 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 that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most of any trading plan.