The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming 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 stick to their crypto strategy without having to constantly keep track of the market. It is easy to use even for people with no programming knowledge, and provides many options to take trades to the next level.
Coinrule was established 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 trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame, and the trading strategy to see how many trades the strategy opened and closed and also profits net, the percentage of profit maximum drawdown, as well as the profit ratio. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most of any trading plan.