The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides many features that can take your trading to the highest step.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading, and then determine how many trades that were opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that can assist you in making the most out of the trading strategies you employ.