The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming knowledge, and provides a variety of options that will boost you trading experience to highest step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious 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, over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that will help you make the most out of your trading strategy.