The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for people with no programming experience, and offers many options to take you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can 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 opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed in addition to the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including 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 including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can 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 the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.