The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming 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 cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with many options that will boost trades to the next step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
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 novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy to see how many trades the strategy opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including 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 levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will help you make the most out of your trading strategy.