The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help 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 with no programming knowledge, and provides various options to take you trading experience to next step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy to check how many trades the strategy opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can help you make the most out of your trading strategy.