The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use, even for people with no programming expertise, and comes with a variety of options that will help you take you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategy. This means that traders can put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy and see how many trades the strategy has opened and closed, as well as profits net, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels 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. traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most of the trading strategies you employ.