The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. 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 the need to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming experience, and offers various options to take your trading to the highest step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering 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, more than 200% above its target.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy to see how many trades were opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit percentage. 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, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like 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 can assist you in making the most out of your trading strategy.