The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with many options that will boost you trading experience to highest step.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making 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, over 200% more than its goal.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy 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 that contain trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy and check how many trades the strategy opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts 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 next level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.