The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those without coding knowledge, and provides various options that will boost trades to the highest step.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available that make it simple for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test 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 see how many trades were opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
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 these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.