The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those with no programming experience, and offers a variety of options that will take you trading experience to next level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders are able to put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules available which makes it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy to see how many trades the strategy has opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides 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 each month or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can help you make the most of your trading strategy.