The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those with no programming knowledge, and provides a variety of features that can boost your trading to the next level.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with 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 strategy with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading to see how many trades the strategy opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most out of any trading plan.