The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with many options that will boost your trading to the highest step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy and check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most out of the trading strategies you employ.