The world of trading cryptocurrency can be quite exciting, but it can also 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 can help traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use, even for people with no programming experience, and offers various options that will take you trading experience to highest step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies 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. This is over 200% more than its target.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose 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 strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading to determine how many trades that were opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
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 provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that can help you make the most out of the trading strategies you employ.