The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides many options to help you take trades to the next step.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. 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 determine how many trades that the strategy has opened and closed, as well as its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.