The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those without coding knowledge, and provides many options that will help you take trades to the highest level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy to see how many trades the strategy has opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective method to boost confidence of traders in the trading rules they create.
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 these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose 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 take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can help you make the most of your trading strategy.