The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for people with no programming experience, and offers various 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 at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders establish 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 set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy, and then check how many trades the strategy opened and closed, as well as its net profits, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can aid you in making the most out of the trading strategies you employ.