The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those with no programming experience, and offers many options to boost your trading to the highest level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading and see how many trades the strategy opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. 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, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can assist you in making the most of your trading strategy.