The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those with no programming expertise, and comes with many options that will take you trading experience to highest level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame, and the trading strategy, and then see how many trades the strategy opened and closed, as well as the net profit, percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, 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 can choose to pay either monthly 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 elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will help you make the most out of any trading plan.