The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming expertise, and comes with a variety of options that will help you take you trading experience to next step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on 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 extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect 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, the desired time frame and trading strategy and determine how many trades that were opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that will assist you in making the most out of the trading strategies you employ.