The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those with no programming expertise, and comes with a variety of options that will take your trading to the next step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated 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. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to determine how many trades that were opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and the profit ratio. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most of your trading strategy.