The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers various options to take your trading to the highest level.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to see how many trades were opened and closed and also the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including 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, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of any trading plan.