The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those with no programming experience, and offers many options that will boost your trading to the next step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25 percent.
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 like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most of any trading plan.