The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use, even for those without coding knowledge, and provides many options to boost you trading experience to highest step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading and determine how many trades that were opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as 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 tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay either monthly 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 level. With features like automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will help you make the most out of any trading plan.