The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with various options that will take you trading experience to next step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy, and then see how many trades were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as 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 that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.