The world of trading cryptocurrency can be very 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 adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use, even for those without coding knowledge, and provides many features that can take your trading to the highest step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting 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 with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy, and then see how many trades the strategy has opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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 levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most of the trading strategies you employ.