The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use, even for those with no programming experience, and offers various options to help you take trades to the highest level.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform 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 its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy has opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful tool for increasing 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. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can help you make the most of any trading plan.