The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those with no programming experience, and offers many options to help you take your trading to the highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. 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 then determine how many trades that were opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as 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 tiers, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust tool that will aid you in making the most of your trading strategy.