The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those with no programming expertise, and comes with many features that can take trades to the next level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to determine how many trades that were opened and closed and also its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include 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 can choose to pay each month or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most out of any trading plan.