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 comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those without coding knowledge, and provides many options that will boost you trading experience to highest level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that were opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can aid you in making the most out of the trading strategies you employ.