The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those with no programming knowledge, and provides a variety of options that will boost you trading experience to next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy opened and closed in addition to profits net, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most out of any trading plan.