The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those without coding knowledge, and provides many options to boost you trading experience to highest step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient 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. This is over 200% more than the amount it had set for.
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 constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules available, making it easy for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading, and then determine how many trades that the strategy opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up 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 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of your trading strategy.