The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming experience, and offers a variety of options that will take you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy and determine how many trades that the strategy opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most out of the trading strategies you employ.