The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use, even for those with no programming experience, and offers various features that can help you take trades to the next level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame and trading strategy and check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.