The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use, even for people with no programming knowledge, and provides a variety of features that can boost you trading experience to next level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make 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 has built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy, and then check how many trades the strategy opened and closed and also its net profits, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most of the trading strategies you employ.