The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with various options that will help you take trades to the highest step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are over 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 time and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.