The world of trading in 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 tool for trading that helps 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 experience, and offers many options to boost your trading to the highest level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors 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 a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy, and then determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including 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, and traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.