The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is 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’s simple to use, even for those with no programming knowledge, and provides various options that will boost trades to the next level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy opened and closed, as well as its net profits, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost the trust of traders in their trading strategies they develop.
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 use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most out of your trading strategy.