The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming experience, and offers many options to help you take your trading to the next level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy to see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable 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 offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most of your trading strategy.