The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming knowledge, and provides many features that can help you take your trading to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy has opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as 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 including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can aid you in making the most of your trading strategy.