The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with many features that can take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will aid you in making the most of any trading plan.