The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for those without coding knowledge, and provides many features that can boost trades to the highest level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader 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 either monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency 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 can be a powerful instrument that can assist you in making the most out of your trading strategy.