The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for those without coding expertise, and comes with various features that can boost trades to the next step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover an approach that is suitable 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 strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy to see how many trades were opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers 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 have the option of paying each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most of any trading plan.