The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those with no programming experience, and offers a variety of options that will help you take your trading to the highest level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over 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 highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful 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 plan to trade as well as the timeframe they wish to trade and trading strategy and see how many trades the strategy has opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most of your trading strategy.