The world of trading in cryptocurrency can be quite exciting 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 stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for people with no programming experience, and offers a variety of features that can help you take trades to the highest level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategies. This means that traders can set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 trading rules to pick from that make it simple for both experienced and novice 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 that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
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 any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can aid you in making the most out of the trading strategies you employ.