The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those with no programming expertise, and comes with various options that will boost trades to the next step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules available 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 will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy, and then see how many trades the strategy opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as 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 including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that can aid you in making the most out of your trading strategy.