The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those without coding experience, and offers various options that will take you trading experience to highest level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading rules 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 as well as the strategy for trading, and then check how many trades were opened and closed and also the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.