The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for those with no programming expertise, and comes with various features that can take you trading experience to highest step.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 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 features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test 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 to determine how many trades that the strategy opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most out of your trading strategy.