The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point 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 be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides a variety of options to take you trading experience to next step.
Coinrule was founded in the year 2017 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 that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick 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. In addition, traders can stop rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy and determine how many trades that the strategy has opened and closed and also profits net, the percentage of profit as well as the maximum drawdown and profit percentage. 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, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can help you make the most of your trading strategy.