The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those without coding knowledge, and provides various features that can take you trading experience to highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders can set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy to check how many trades the strategy opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and profit factor. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay 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 elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most out of your trading strategy.