The world of trading 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 can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use even for those without coding experience, and offers a variety of features that can take you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available 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 will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy and see how many trades were opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of your trading strategy.