The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use, even for those with no programming expertise, and comes with many options to take trades to the highest level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available, making it easy for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed, as well as the net profit, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as 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 Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most out of any trading plan.