The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming knowledge, and provides a variety of features that can help you take you trading experience to next level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important advantages of Coinrule is its 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 allows traders to establish trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading, and then determine how many trades that were opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most out of any trading plan.