The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming expertise, and comes with many features that can take you trading experience to highest step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed and also its net profits, percentage of profit 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 design.
Coinrule is also compatible with a variety of reliable exchanges, including 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, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.