The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with various options to take you trading experience to highest level.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy, and then check how many trades were opened and closed in addition to profits net, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as 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 tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of the trading strategies you employ.