The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is 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 constantly monitor the markets. It’s easy to use, even for those without coding experience, and offers a variety of options to help you take trades to the next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy has opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
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 any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can help you make the most of any trading plan.