The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for those with no programming experience, and offers a variety of options that will boost trades to the next level.
Coinrule was established in 2017 in London by a team 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 which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategy. This allows traders to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy and see how many trades the strategy opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will assist you in making the most of your trading strategy.