The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for those without coding knowledge, and provides a variety of features that can boost you trading experience to next step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers 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 find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy to see how many trades the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several 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, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can help you make the most of any trading plan.