The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point 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 keep track of the market. It is easy to use even for those with no programming knowledge, and provides many features that can help you take you trading experience to next level.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules available which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and see how many trades were opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.