The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with many options to boost your trading to the next level.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy, and then determine how many trades that were opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
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 any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.