The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming knowledge, and provides many options that will help you take your trading to the highest level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from 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 they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing a trader’s confidence 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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust tool that can help you make the most of your trading strategy.