The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming experience, and offers a variety of options to help you take trades to the highest step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make 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 has integrated trading strategies that investors can select from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and see how many trades were opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing the trust of traders in their trading strategies they develop.
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 any of these platforms.
Coinrule offers four pricing levels 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 can choose to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most out of the trading strategies you employ.