The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use even for those without coding expertise, and comes with many features that can help you take your trading to the highest level.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy and check how many trades the strategy opened and closed and also the net profit, percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will assist you in making the most of the trading strategies you employ.