The world of trading in cryptocurrency can be quite exciting 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 having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming experience, and offers a variety of features that can take you trading experience to next level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 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 highly volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to check how many trades the strategy has opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful 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 integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most of any trading plan.