The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. 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 is easy to use, even for those with no programming experience, and offers many options to boost you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed and also its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can help you make the most out of your trading strategy.