The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for people with no programming experience, and offers many options to take trades to the highest step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful instrument to increase confidence of traders 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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most out of any trading plan.