The world of trading cryptocurrency can be quite exciting 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 helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those with no programming experience, and offers a variety of features that can boost trades to the next level.
Coinrule was established in the year the year 2017 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 more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available, making it easy for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy and determine how many trades that the strategy has opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.