The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those without coding experience, and offers many options that will help you take you trading experience to highest level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy, and then see how many trades the strategy has opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most of the trading strategies you employ.