The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It is easy to use, even for those without coding knowledge, and provides various options to take your trading to the highest level.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to 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 excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame and trading strategy, and then check how many trades the strategy opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase 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. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will aid you in making the most of any trading plan.