The world of trading in 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 comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those with no programming knowledge, and provides many options that will take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their plan of action. This means that traders can place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is its backtesting capabilities. Investors can test 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 and trading strategy, and then check how many trades the strategy opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of your trading strategy.