The world of trading cryptocurrency can be very 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 helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those without coding knowledge, and provides a variety of features that can take trades to the next level.
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 platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time and receive 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 by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy opened and closed and also the net profit, percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency 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 exchanges, Coinrule provides a reliable tool that will help you make the most out of the trading strategies you employ.