The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming experience, and offers a variety of options that will boost you trading experience to highest level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame, and the trading strategy to check how many trades were opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful method to boost confidence 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 use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most out of your trading strategy.