The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for people with no programming experience, and offers various options that will take your trading to the next level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient 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) through Seedrs, greater than 200% over its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy opened and closed, as well as its net profits, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts 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 next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most of the trading strategies you employ.