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 where Coinrule is able to help. 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 easy to use, even for those without coding experience, and offers many options that will boost your trading to the next step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 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 easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy has opened and closed, as well as profits net, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy 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 offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most of any trading plan.