The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for people with no programming knowledge, and provides a variety of options to boost trades to the highest step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy opened and closed in addition to profits net, percentage of profit, maximum drawdown, and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels 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 either monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of the trading strategies you employ.