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 is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for those without coding experience, and offers various options to take your trading to the next step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely 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 key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders 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 set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy to check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase the trust of traders in the trading rules they design.
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 any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.