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 crypto strategy without having to continuously monitor the markets. It’s simple to use even for people with no programming knowledge, and provides a variety of features that can take your trading to the next step.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick 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. In addition, traders can stop rules at any point, and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that the strategy has opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will help you make the most of your trading strategy.