The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for those without coding knowledge, and provides many options to boost you trading experience to next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find an approach that is suitable 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 strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed and also profits net, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of 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. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most of your trading strategy.