The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. 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 keep track of the market. It’s easy to use even for people with no programming knowledge, and provides various features that can boost trades to the highest level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy to determine how many trades that were opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing a trader’s confidence 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. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that can assist you in making the most of any trading plan.