The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for those with no programming knowledge, and provides a variety of options to take trades to the highest step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including 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 different options for traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can aid you in making the most of your trading strategy.