The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming expertise, and comes with many options to help you take trades to the next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy, and then see how many trades were opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can assist you in making the most of the trading strategies you employ.