The world of cryptocurrency trading can be quite exciting 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 tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming experience, and offers many features that can help you take you trading experience to next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency 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, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading to check how many trades the strategy has opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit factor. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts up to 25%.
Overall, 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 strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most out of any trading plan.