The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. 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 those without coding experience, and offers many options that will help you take trades to the highest step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency 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. This is over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust instrument that can help you make the most of the trading strategies you employ.