The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides various options to help you take your trading to the next level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy, 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 can be an effective instrument to increase a trader’s confidence 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 use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.