The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for those with no programming expertise, and comes with various options to help you take trades to the highest step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders can place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading and see how many trades were opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.