The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with a variety of features that can help you take trades to the highest step.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission 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 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy and check how many trades were opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several 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 provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust tool that can assist you in making the most of any trading plan.