The world of trading cryptocurrency is quite thrilling, but it can also 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 helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those without coding experience, and offers many options to help you take trades to the next level.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This allows traders to set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy to see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.