The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those with no programming experience, and offers many options that will help you take trades to the next step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency 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) on Seedrs. This is over 200% more than its goal.
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 hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful feature 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 will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades were opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful method to boost confidence of traders in the trading rules they design.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can assist you in making the most of the trading strategies you employ.