The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use even for those with no programming experience, and offers many options to help you take trades to the next level.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
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, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can aid you in making the most out of the trading strategies you employ.