The world of cryptocurrency trading can be very exciting 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 helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding knowledge, and provides many options to boost your trading to the highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their plan of action. This allows traders to put 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 over 150 trading rules to pick from that make it simple for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy to determine how many trades that were opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy 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 provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust tool that can aid you in making the most of the trading strategies you employ.