The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those without coding expertise, and comes with a variety of options to boost you trading experience to highest step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy has opened and closed, as well as its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase the trust of traders 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 integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most out of any trading plan.