The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use even for people with no programming expertise, and comes with various features that can boost trades to the next step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be challenging for investors to stay track of the ever-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 place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both new and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame and trading strategy and determine how many trades that the strategy opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can assist you in making the most of your trading strategy.