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 can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those without coding experience, and offers a variety of options to take trades to the highest level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades were opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most of any trading plan.