The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use even for those without coding expertise, and comes with a variety of options to boost you trading experience to next level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts 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 automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.