The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is 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 monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with various features that can boost trades to the next level.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy, and then check how many trades the strategy has opened and closed and also the net profit, percentage of profit, maximum drawdown, and profit percentage. This is a useful method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable 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 a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer 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 automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.