The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for people with no programming knowledge, and provides various features that can take you trading experience to highest step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to see how many trades the strategy opened and closed in addition to the net profit, percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy 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 including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.