The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those with no programming experience, and offers a variety of options that will help you take trades to the highest level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple 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 key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that were opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most of your trading strategy.