The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding knowledge, and provides a variety of features that can help you take your trading to the next level.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy 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 trading strategy, and then see how many trades were opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they design.
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 offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of the trading strategies you employ.