The world of trading in cryptocurrency can be quite exciting 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 can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming experience, and offers a variety of options to boost trades to the next level.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most of any trading plan.