The world of trading in cryptocurrency is quite thrilling, 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 crypto strategy without having to continuously monitor the markets. It’s easy to use, even for those without coding experience, and offers a variety of options to boost trades to the highest level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading and check how many trades the strategy opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
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 Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most of any trading plan.