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 is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those with no programming experience, and offers many options to help you take you trading experience to highest level.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies 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, over 200% more than its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy and check how many trades the strategy opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective method to boost confidence of traders 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. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.