The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. 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 crypto strategy without having to constantly monitor the markets. It’s simple to use, even for people with no programming experience, and offers many features that can help you take trades to the next level.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely 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 analyzes the market and then makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy, and then check how many trades the strategy has opened and closed, as well as profits net, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.