The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those with no programming knowledge, and provides various options to boost trades to the next level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with several exchanges. In December of 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 cryptocurrency markets can be very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick 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 time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy has opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable 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 offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.