The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for people with no programming experience, and offers many options to help you take trades to the highest level.
Coinrule was established in the year 2017 in 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 platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from that make it simple 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 they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use and trading strategy, and then see how many trades the strategy opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful instrument to increase confidence 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can assist you in making the most out of any trading plan.