The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with many features that can help you take you trading experience to highest level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and check how many trades the strategy opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most out of the trading strategies you employ.