The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful 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 adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for people with no programming experience, and offers many features that can help you take trades to the highest level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders 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 match their strategy. This allows traders to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that were opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and profit percentage. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like 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 levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust instrument that can help you make the most out of any trading plan.