The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those with no programming experience, and offers various options that will take trades to the highest level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders can set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy, and then see how many trades the strategy opened and closed in addition to profits net, percentage of profit as well as the 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, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can aid you in making the most of any trading plan.