The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those without coding expertise, and comes with various features that can help you take trades to the next level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules available, making it easy for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop 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 great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy has opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, 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, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most out of your trading strategy.