The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. 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 the need to constantly monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with various options to take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy to see how many trades were opened and closed in addition to the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that can help you make the most of the trading strategies you employ.