The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful 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 the need to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides many options to boost you trading experience to highest level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated 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 features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades the strategy has opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most out of any trading plan.