The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding expertise, and comes with various options that will boost trades to the next step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders can set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select 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. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy to check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This can be an effective method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most of the trading strategies you employ.