The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for people with no programming experience, and offers various options to boost your trading to the highest step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of 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 including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of the trading strategies you employ.