The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for those with no programming experience, and offers various features that can help you take your trading to the next step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading 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 over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy to determine how many trades that the strategy opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 and 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 boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most of the trading strategies you employ.