The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for people with no programming experience, and offers a variety of options to take your trading 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 create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategy. This means that traders can put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that were opened and closed, as well as profits net, the percentage of profit maximum drawdown, as well as profit percentage. This can be an effective instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including 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 including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most out of the trading strategies you employ.