The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for those without coding knowledge, and provides a variety of options to boost your trading to the highest level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy has opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay 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 next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that can help you make the most out of your trading strategy.