The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool 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 knowledge, and provides a variety of features that can take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies 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 advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available, making it easy for both experienced and novice traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based 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 check how many trades the strategy opened and closed and also profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can help you make the most out of any trading plan.