The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for people with no programming experience, and offers many options that will take trades to the next step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders can place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can choose 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. In addition, traders can stop rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy, and then see how many trades the strategy has opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with 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 start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of your trading strategy.