The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for people with no programming knowledge, and provides a variety of options that will help you take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategy. This allows traders to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules available which makes it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy to determine how many trades that were opened and closed in addition to profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most out of the trading strategies you employ.