The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides various options to help you take trades 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 less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their plan of action. This means that traders can put their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy, and then determine how many trades that the strategy has opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most out of any trading plan.