The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use even for those without coding knowledge, and provides many options that will take your trading to the highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades were opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit factor. This is a useful method to boost the trust 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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that can help you make the most out of the trading strategies you employ.