The world of trading cryptocurrency can be quite exciting 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 can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those without coding experience, and offers many options that will help you take you trading experience to next level.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading and check how many trades were opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing a trader’s confidence 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 integrate 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 through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.