The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those with no programming knowledge, and provides a variety of options to take you trading experience to next level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy, and then see how many trades were opened and closed and also its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most of the trading strategies you employ.