The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for people with no programming expertise, and comes with a variety of options that will take you trading experience to highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency 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) through Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading to see how many trades were opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective method to boost a trader’s confidence in the trading rules they create.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can help you make the most of your trading strategy.