The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. 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 be on the lookout for market trends. It’s easy to use, even for those without coding experience, and offers a variety of options that will help you take trades to the highest step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with various 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 key features of Coinrule is its user-friendly 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 monitors the market and makes trades that match their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective method to boost the trust 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. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer 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 trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can help you make the most of any trading plan.