The world of trading cryptocurrency can be quite 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 can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for those with no programming experience, and offers various options to boost your trading to the highest level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious 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, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides 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 find a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most of your trading strategy.