The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for people with no programming experience, and offers various options that will boost trades to the highest step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading and see how many trades the strategy opened and closed in addition to the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase the trust 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. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans 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 next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can help you make the most out of any trading plan.