The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for those without coding experience, and offers many options that will boost you trading experience to next level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to see how many trades were opened and closed and also profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
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 integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of your trading strategy.