The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming expertise, and comes with a variety of options that will take trades to the highest level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on 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 markets for cryptocurrency can be highly volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy and see how many trades were opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective instrument to increase 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can aid you in making the most out of your trading strategy.