The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those without coding expertise, and comes with many features that can take trades to the next step.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing 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 these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most out of any trading plan.