The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides a variety of options to boost your trading to the highest step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple 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 will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading 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, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective method to boost the trust of traders in the trading rules they design.
Coinrule has also been able to work with several 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, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of the trading strategies you employ.