The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. 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 continuously keep track of the market. It is easy to use, even for those with no programming expertise, and comes with many options to help you take trades to the highest level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy and determine how many trades that were opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of your trading strategy.