The world of trading in cryptocurrency 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 tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for people with no programming experience, and offers various options to boost your trading to the next level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency 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) on Seedrs, more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be 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 means that traders are able to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 rules available that make it simple for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that were opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most of the trading strategies you employ.