The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for people with no programming experience, and offers many options that will help you take trades to the next step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading and determine how many trades that the strategy has opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful method to boost the trust of traders 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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in strategies for trading 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 of your trading strategy.