The world of cryptocurrency trading is quite thrilling, but it can also 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 tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for those without coding experience, and offers various options to take you trading experience to next level.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient 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) on Seedrs. This is more than 200% above its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy and determine how many trades that were opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful method to boost the trust of traders in the trading rules they design.
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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will help you make the most out of your trading strategy.