The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for people with no programming knowledge, and provides various options that will boost trades to the highest step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading to check how many trades were opened and closed in addition to the net profit, the percentage of profit, maximum drawdown, and profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that can assist you in making the most out of any trading plan.