The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those with no programming experience, and offers various options that will boost trades to the next step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies 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, more than 200% above its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategy. This means that traders can place their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy to see how many trades were opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.