The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for those without coding experience, and offers various features that can help you take you trading experience to next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain 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 multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame and trading strategy to check how many trades the strategy opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that can assist you in making the most out of your trading strategy.