The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for those with no programming knowledge, and provides various features that can help you take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable 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 with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of the trading strategies you employ.