The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for people with no programming expertise, and comes with various options that will take trades to the next step.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors 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 as well as the strategy for trading to check how many trades the strategy has opened and closed and also profits net, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust tool that will help you make the most of your trading strategy.