The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those without coding knowledge, and provides a variety of options to help you take your trading to the next step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing 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 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 extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use as well as the strategy for trading and check how many trades were opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that can aid you in making the most out of your trading strategy.