The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick 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 expertise, and comes with a variety of options to help you take you trading experience to next step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to choose an approach that is suitable 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 wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most of your trading strategy.