The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is 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 the need to constantly monitor the markets. It is easy to use even for those without coding knowledge, and provides various options to take you trading experience to highest level.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy to check how many trades were opened and closed and also profits net, the percentage of profitability, maximum drawdown, and profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of your trading strategy.