The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use even for those with no programming experience, and offers various options to take trades to the highest step.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy, and then check how many trades were opened and closed in addition to profits net, percentage of profit maximum drawdown, as well as profit percentage. This is a useful method to boost the trust of traders in the trading rules they create.
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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.