The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding experience, and offers many options that will help you take you trading experience to highest level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy, and then check how many trades were opened and closed and also profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most of the trading strategies you employ.