The world of cryptocurrency trading can be quite 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 trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for people with no programming expertise, and comes with a variety of features that can take you trading experience to next step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple 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 most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules available which makes it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy to check how many trades the strategy has opened and closed and also profits net, the percentage of profit, maximum drawdown, and profit factor. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most out of the trading strategies you employ.