The world of cryptocurrency trading 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 cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for people with no programming experience, and offers many features that can boost your trading to the highest level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with the 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 allows traders to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy to determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with 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 and up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust tool that can help you make the most out of the trading strategies you employ.