The world of trading in cryptocurrency can be quite 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 can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for those with no programming knowledge, and provides many options that will boost you trading experience to next level.
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 several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame and trading strategy and see how many trades the strategy opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most of any trading plan.