The world of trading cryptocurrency can be very exciting 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 trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for people with no programming experience, and offers a variety of features that can help you take your trading to the next level.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules available, making it easy for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy, and then see how many trades were opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most of the trading strategies you employ.