The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those with no programming experience, and offers various options that will boost your trading to the highest step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This allows traders to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can assist you in making the most out of any trading plan.