The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for those without coding experience, and offers a variety of features that can boost your trading to the next level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategies. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy and check how many trades the strategy opened and closed, as well as its net profits, percentage of profit, maximum drawdown, and profit percentage. This can be a helpful 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 connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts of up to%.
Overall, 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 automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that can aid you in making the most of your trading strategy.