The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use even for those with no programming expertise, and comes with many options that will take trades to the next step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy to check how many trades were opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most of any trading plan.