The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming to many investors. This is 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 having to continuously monitor the markets. It is easy to use, even for those with no programming experience, and offers various options to take your trading to the next level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy and check how many trades were opened and closed in addition to its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as 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 levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that can assist you in making the most out of the trading strategies you employ.