The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for people with no programming experience, and offers various features that can take trades to the next step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering 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, over 200% more than its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading and see how many trades were opened and closed in addition to its net profits, percentage of profitability maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers 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. traders have the option of paying each month or annually. The annual plans can offer discounts of 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 highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can help you make the most of any trading plan.