The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use even for those with no programming knowledge, and provides a variety of features that can take your trading to the highest step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategy. This means that traders can put their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading, 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 is a useful instrument to increase confidence of traders in the trading rules they design.
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 that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most out of any trading plan.