The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides a variety of features that can boost trades to the next step.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy to check how many trades the strategy opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.