The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those with no programming experience, and offers a variety of features that can boost you trading experience to next step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies 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) through Seedrs, greater than 200% over its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both novice 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 trading signals to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as profit factor. This can be an effective instrument to increase the trust of traders 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. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of your trading strategy.