The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides many features that can boost you trading experience to next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into 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 built-in trading strategies that traders can pick from. There are over 150 rules available, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy and check how many trades the strategy opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing the trust 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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.