The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming experience, and offers many options that will help you take your trading to the next step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading and see how many trades were opened and closed, as well as its net profits, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can help you make the most out of any trading plan.