The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful 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 cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides a variety of features that can help you take trades to the highest step.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy to determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profit, maximum drawdown, and the profit ratio. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will aid you in making the most out of your trading strategy.