The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for people with no programming expertise, and comes with various options to help you take your trading to the next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient 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, more than 200% above its goal.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules available, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading and see how many trades were opened and closed, as well as profits net, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.