The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick 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 many options that will boost you trading experience to next level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, 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 very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides 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 novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans 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 automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most out of the trading strategies you employ.