The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming 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 constantly keep track of the market. It is easy to use even for those with no programming expertise, and comes with a variety of options to take trades to the highest step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their strategy. This means that traders are able to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit factor. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers 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 are able to pay monthly or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most of your trading strategy.