The world of cryptocurrency trading 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 stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with many options that will boost you trading experience to next level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the 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 put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy opened and closed in addition to the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most of your trading strategy.