The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides many options that will help you take your trading to the highest step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain 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 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 most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules available that make it simple for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals to help them adapt their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy 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 as well as the strategy for trading to see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with 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 and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can help you make the most of any trading plan.