The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for people with no programming experience, and offers many options that will boost you trading experience to next level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective method to boost confidence of traders in the trading rules they create.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that can assist you in making the most of any trading plan.