The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those without coding experience, and offers many options to help you take trades to the next step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed in addition to profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.