The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for those without coding knowledge, and provides various options that will boost your trading to the next level.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely 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 features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 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 time and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading to see how many trades were opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most of the trading strategies you employ.