The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those without coding knowledge, and provides many options that will boost trades to the next step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders can place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. 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 as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.