The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming knowledge, and provides various features that can take your trading to the highest step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading 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) through Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not have to 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 that make it simple for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful method to boost a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like 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 levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most of any trading plan.