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 is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides many options to boost trades to the highest step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
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 hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with 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 integrated trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades were opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing confidence 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 use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust tool that will assist you in making the most out of your trading strategy.