The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use, even for those without coding experience, and offers many features that can help you take your trading to the next level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful instrument to increase a trader’s confidence 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 integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful instrument that can help you make the most out of any trading plan.