The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with a variety of options that will boost your trading to the highest level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies 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 its target.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy to see how many trades the strategy has opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable 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 offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts 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 possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most of the trading strategies you employ.