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 where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for people with no programming knowledge, and provides various options that will take your trading to the highest step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important features 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 ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules available that make it simple for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to check how many trades were opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most out of the trading strategies you employ.