The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for people with no programming expertise, and comes with various options to take your trading to the next step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both new and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades the strategy opened and closed and also profits net, percentage of profit, maximum drawdown, and the profit ratio. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like 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, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can assist you in making the most of the trading strategies you employ.