The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. 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 having to continuously be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers many options that will help you take you trading experience to highest step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most of your trading strategy.