The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use, even for those with no programming experience, and offers various options that will take you trading experience to next step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause 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 characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed in addition to its net profits, the percentage of profit, maximum drawdown, and profit factor. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like 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 that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can aid you in making the most of any trading plan.