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 the need to constantly monitor the markets. It’s easy to use even for those without coding knowledge, and provides a variety of options to take trades to the highest level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that were opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.