The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. 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 crypto strategy without the need to constantly keep track of the market. It’s simple to use even for people with no programming knowledge, and provides many features that can take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy to check how many trades were opened and closed, as well as its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include 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 each month or annually. Annual plans provide discounts up to 25%.
In the end, 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 automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.