The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. 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 easy to use even for those with no programming experience, and offers a variety of options that will boost you trading experience to highest step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules available, making it easy for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that the strategy opened and closed and also profits net, percentage of profit, maximum drawdown, and profit factor. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 through $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient 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 multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.