The world of trading in cryptocurrency can be very exciting, but it can also 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 trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use even for people with no programming experience, and offers various features that can boost your trading to the highest level.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing 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, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful 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 connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can assist you in making the most out of the trading strategies you employ.