The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those without coding expertise, and comes with many options that will take your trading to the highest level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy opened and closed and also profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most out of any trading plan.