The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point 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 those without coding expertise, and comes with various options to boost you trading experience to highest step.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 trading rules to pick from that make it simple for both new 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 that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame and trading strategy and determine how many trades that were opened and closed and also its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.