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 comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those without coding expertise, and comes with many options to boost your trading to the highest level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep 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 are able to place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy 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 provides four pricing levels including Starter, Hobbyist Pro, and Trader 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 of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will assist you in making the most of any trading plan.