The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those with no programming experience, and offers many options to help you take you trading experience to highest step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their strategy. This allows traders to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy, and then see how many trades were opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective tool for increasing the trust 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. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay 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 boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can help you make the most out of any trading plan.