The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use even for those with no programming expertise, and comes with a variety of options that will take you trading experience to highest level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders 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 strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can help you make the most of any trading plan.