The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the reason Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming knowledge, and provides a variety of options that will help you take trades to the next level.
Coinrule was established in 2017 on the streets of London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading which can be integrated 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 main aspects of Coinrule is the user-friendly , automated trading. The market for cryptocurrency is very volatile, and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies for traders that they can select from. There are more than 150 trading rules available that make it easy for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy to determine how many trades that the strategy opened and closed and also its net profits, the percentage of profit 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, such as 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 including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the support of a variety of trusted trading platforms, Coinrule can be viewed as a powerful instrument that will allow you to maximize your trading strategy.