The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those without coding knowledge, and provides many options to boost trades to the next level.
Coinrule was founded in the year 2017 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 several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has built-in 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 choose an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy opened and closed in addition to the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable 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, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will aid you in making the most of your trading strategy.