The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for those without coding knowledge, and provides various options that will boost trades to the highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders can put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules available which makes it simple for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that were opened and closed and also profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most of your trading strategy.