The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those with no programming knowledge, and provides many options to boost your trading to the highest level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 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 aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading to check how many trades were opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of 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 and up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can aid you in making the most of your trading strategy.