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 can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those without coding experience, and offers a variety of features that can help you take your trading to the next step.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that were opened and closed, as well as profits net, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will help you make the most of your trading strategy.