The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use even for people with no programming knowledge, and provides many features that can help you take trades to the next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy and see how many trades the strategy has opened and closed, as well as profits net, percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
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 offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.