The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those without coding expertise, and comes with many options that will help you take you trading experience to next level.
Coinrule was established in 2017 in London by a group of cryptocurrency 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 several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available, making it easy for both new and experienced traders to discover 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 which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy and see how many trades were opened and closed and also the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of any trading plan.