The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for those without coding knowledge, and provides many options that will take trades to the next level.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust tool that will aid you in making the most out of the trading strategies you employ.