The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding expertise, and comes with various options that will take your trading to the next step.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple 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 advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use and trading strategy, and then see how many trades the strategy opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing confidence 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.