The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those without coding expertise, and comes with a variety of features that can help you take trades to the highest step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. 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 create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed and also its net profits, the percentage of profit, maximum drawdown, and profit factor. This can be an effective tool for increasing the trust 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. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most out of your trading strategy.