The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming experience, and offers various options that will boost you trading experience to next level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy has opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective method to boost confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.