The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those without coding expertise, and comes with many options to take you trading experience to highest step.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed in addition to its net profits, the percentage of profit, maximum drawdown, and profit factor. This can be an effective method to boost the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, 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, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to percent.
In the end, 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 strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can help you make the most of your trading strategy.