The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with a variety of options to boost your trading to the next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame, and the trading strategy and check how many trades were opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.