The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use, even for those with no programming knowledge, and provides various options to help you take trades to the next step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit factor. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful instrument that can help you make the most of your trading strategy.