The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use even for people with no programming expertise, and comes with various options that will take trades to the highest level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy has opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.