The world of trading cryptocurrency is quite thrilling 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 tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those without coding knowledge, and provides a variety of options that will help you take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies 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) through Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules available, 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 point, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy and check how many trades were opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.