The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those without coding expertise, and comes with many options to boost you trading experience to next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to look over 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 new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.