The world of trading in cryptocurrency is quite thrilling however, it can 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 the need to constantly monitor the markets. It is easy to use, even for people with no programming experience, and offers various options to boost trades to the highest step.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategy. This allows traders to put their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy to determine how many trades that the strategy opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of your trading strategy.