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 the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those with no programming knowledge, and provides many options that will take your trading to the next step.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another great characteristic 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 intend to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that were opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including 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 including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will help you make the most out of your trading strategy.