The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for those with no programming expertise, and comes with many options to help you take you trading experience to highest step.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be 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 strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy, and then check how many trades were opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most of the trading strategies you employ.