The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those without coding knowledge, and provides various features that can take your trading to the next level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient 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) on Seedrs, greater than 200% over its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based 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 as well as the strategy for trading, and then check how many trades the strategy opened and closed and also profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most of any trading plan.