The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use even for those without coding knowledge, and provides a variety of options to help you take your trading to the highest level.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules to choose from which makes 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 that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed and also profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will help you make the most of any trading plan.