The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those with no programming expertise, and comes with various features that can boost you trading experience to highest step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades the strategy has opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
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 any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.