The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for people with no programming expertise, and comes with many options to help you take you trading experience to highest step.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious 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) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to create 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 have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to see how many trades the strategy has opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost confidence 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most out of any trading plan.