The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming for many traders. 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’s easy to use even for those without coding expertise, and comes with a variety of features that can take you trading experience to highest level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading, the desired time frame and trading strategy to determine how many trades that were opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts of up to 25%.
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 such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will help you make the most of your trading strategy.