The world of trading cryptocurrency can be quite 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 tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming experience, and offers a variety of features that can boost you trading experience to next step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading and see how many trades were opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most of any trading plan.