The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for those with no programming expertise, and comes with various options that will boost you trading experience to next step.
Coinrule was founded in the year 2017 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 can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of any trading plan.