The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those with no programming experience, and offers various features that can boost your trading to the next step.
Coinrule was established 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 trading platform that can integrate safely with multiple exchanges. In December 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 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 track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy, and then see how many trades the strategy opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing the trust of traders 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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most out of any trading plan.