The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is 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 having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with various options that will take you trading experience to highest step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy and determine how many trades that were opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective tool for increasing a trader’s confidence 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 connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
Overall, 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 strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.