The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use even for those without coding knowledge, and provides a variety of options to help you take you trading experience to highest level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades were opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 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 with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can help you make the most out of your trading strategy.