The world of trading in cryptocurrency can be quite exciting 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 stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with many options that will boost you trading experience to highest level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
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 challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategies. This allows traders to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy, and then determine how many trades that the strategy opened and closed and also the net profit, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most out of your trading strategy.