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 trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding expertise, and comes with various options to boost you trading experience to next step.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy, and then see how many trades were opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
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 these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.