The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those with no programming expertise, and comes with various features that can boost trades to the highest step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has built-in 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 discover an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed and also profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.