The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those without coding experience, and offers various features that can boost trades to the next step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy to check how many trades the strategy opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can aid you in making the most out of the trading strategies you employ.