The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those with no programming expertise, and comes with various features that can help you take your trading to the highest level.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders can put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy, and then see how many trades were opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most out of your trading strategy.