The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for those without coding expertise, and comes with a variety of options that will boost trades to the highest step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading 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 discover the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame, and the trading strategy to determine how many trades that the strategy has opened and closed, as well as its net profits, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.