The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly keep track of the market. It’s easy to use even for those without coding experience, and offers many options that will help you take you trading experience to highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategies. This allows traders to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy, and then check how many trades the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy 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 Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most out of the trading strategies you employ.