The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those without coding knowledge, and provides a variety of features that can boost you trading experience to highest level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading to check how many trades the strategy opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most out of any trading plan.