The world of trading in cryptocurrency is quite thrilling However, it can 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 crypto strategy without the need to constantly monitor the markets. 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 highest step.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great 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 will be trading, the desired time frame and trading strategy to determine how many trades that the strategy opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can assist you in making the most out of your trading strategy.