The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for those without coding knowledge, and provides a variety of options to boost trades to the highest step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform 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 key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules available which makes it simple for both new and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and the profit ratio. This can be an effective tool for increasing a trader’s confidence 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. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can aid you in making the most of your trading strategy.