The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming experience, and offers many options that will help you take trades to the next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategies. This allows traders to set their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent characteristic 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 as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most of the trading strategies you employ.