The world of cryptocurrency trading 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 is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for people with no programming experience, and offers a variety of options that will take trades to the highest step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely 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 analyzes the market and then makes trades that match their plan of action. This means that traders can place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy, and then see how many trades the strategy opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of the trading strategies you employ.