The world of trading cryptocurrency 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 can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for people with no programming experience, and offers various features that can help you take you trading experience to next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategy. This allows traders to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy has opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
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 different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most of any trading plan.