The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for those with no programming experience, and offers various options that will take you trading experience to highest step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious 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) on Seedrs. This is more than 200% above its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like 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 including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can help you make the most of any trading plan.