The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use even for those without coding knowledge, and provides various features that can take your trading to the next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders are able to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in 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 see how many trades were opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can aid you in making the most out of your trading strategy.