The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use even for people with no programming experience, and offers a variety of options to boost you trading experience to highest level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including 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 tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay monthly 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 boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust tool that can assist you in making the most out of any trading plan.