The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those without coding experience, and offers a variety of options to boost you trading experience to next step.
Coinrule was established in 2017 , in London by a group of crypto and blockchain 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 several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy has opened and closed and also profits net, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost the trust of traders in the trading rules they create.
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 integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most of any trading plan.