The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for people with no programming knowledge, and provides various options that will take trades to the next step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering 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 more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders can set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend 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 in addition to the net profit, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides 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, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.