The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. 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 keep track of the market. It is easy to use, even for people with no programming knowledge, and provides a variety of options that will take you trading experience to highest step.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading 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, more than 200% above its target.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy and determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of your trading strategy.