The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those without coding expertise, and comes with many features that can help you take you trading experience to next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to determine how many trades that the strategy has opened and closed and also its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of 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 Pro, and Trader, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful instrument that can help you make the most of your trading strategy.