The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use even for those without coding expertise, and comes with many options that will take you trading experience to next level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. 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 over 150 rules available which makes it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy and check how many trades were opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use 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 vary from $0 through $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of your trading strategy.