The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides many features that can take your trading to the highest step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategies. This means that traders are able to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy has opened and closed and also profits net, percentage of profit, maximum drawdown, and profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.