The world of trading in cryptocurrency 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 helps traders adhere to their cryptocurrency strategy without having to constantly 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 take you trading experience to highest step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies 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, greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy and check how many trades were opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will help you make the most out of your trading strategy.