The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point 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 having to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides various options to boost you trading experience to highest level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and see how many trades the strategy opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust tool that will aid you in making the most of any trading plan.