The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming to many investors. 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 having to constantly keep track of the market. It is easy to use even for people with no programming expertise, and comes with many options that will take you trading experience to highest step.
Coinrule was founded in 2017 , in London by a group 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 several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders are able to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules available that make it simple for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as 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 levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can aid you in making the most out of any trading plan.