The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those with no programming experience, and offers various features that can boost your trading to the highest step.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that the strategy opened and closed and also its net profits, the percentage of profit, maximum drawdown, and the profit ratio. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of the trading strategies you employ.