The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides various features that can boost trades to the highest step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over 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 is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as the net profit, percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will aid you in making the most out of the trading strategies you employ.