The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use even for those without coding expertise, and comes with a variety of options that will boost trades to the highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal 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 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed and also profits net, the percentage of profit maximum drawdown, as well as the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including 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 including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.