The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those with no programming knowledge, and provides a variety of options that will help you take trades to the highest step.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the most important features of Coinrule is its user-friendly 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 examines the market and make trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy to determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.