The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for those with no programming expertise, and comes with a variety of features that can help you take trades to the highest step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency 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. This is more than 200% above its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that were opened and closed, as well as the net profit, the 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 like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.