The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for people with no programming expertise, and comes with a variety of options to take you trading experience to next step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules available, making it easy for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading and see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that will help you make the most out of your trading strategy.