The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated 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 those without coding experience, and offers a variety of options to take trades to the highest step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades were opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase a trader’s confidence 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 to $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 easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most out of the trading strategies you employ.