The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those with no programming knowledge, and provides many options to boost trades to the next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient 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) through Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy to see how many trades the strategy opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose 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 boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that can help you make the most of your trading strategy.