The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. 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 easy to use, even for people with no programming knowledge, and provides various features that can take you trading experience to highest level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading and check how many trades were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay either 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 boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of any trading plan.