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 is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for people with no programming knowledge, and provides various options that will help you take you trading experience to next level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several 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 offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 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 such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can help you make the most of any trading plan.