The world of trading in cryptocurrency can be quite 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 tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use even for people with no programming expertise, and comes with many features that can help you take your trading to the highest step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading to check how many trades the strategy has opened and closed and also profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This is a useful method to boost confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy 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 provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.