The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for people with no programming experience, and offers various features that can boost trades to the highest step.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering 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 more than 200% above 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 can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their strategies. This allows traders to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading to check how many trades were opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they create.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most out of any trading plan.