The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those with no programming expertise, and comes with many options to take you trading experience to highest level.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules available, 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 they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.