The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those without coding knowledge, and provides a variety of options to take trades to the next step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain 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, more than 200% above its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can aid you in making the most out of your trading strategy.