The world of cryptocurrency trading is quite thrilling 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 can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming knowledge, and provides many options that will boost you trading experience to highest level.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading to see how many trades the strategy opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including 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 tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can aid you in making the most out of the trading strategies you employ.