The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those without coding knowledge, and provides a variety of options that will boost you trading experience to highest step.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 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. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 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 time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy has opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying monthly 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, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of any trading plan.