The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for those with no programming experience, and offers various options that will help you take trades to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on 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 system. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that were opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of 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 to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can assist you in making the most of any trading plan.