The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming expertise, and comes with various options that will boost you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy and determine how many trades that the strategy has opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most of your trading strategy.