The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those without coding knowledge, and provides a variety of features that can take your trading to the next step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making 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 over 200% more than its target.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders are able to set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick 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. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most of any trading plan.