The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for people with no programming experience, and offers a variety of options that will boost you trading experience to highest level.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy has opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most out of any trading plan.