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 is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those without coding knowledge, and provides a variety of features that can take you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes 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 also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including 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 Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.