The world of trading cryptocurrency can be quite exciting 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 trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for people with no programming knowledge, and provides various features that can boost trades to the next level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with the 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 can put their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy, and then determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most out of your trading strategy.