The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding expertise, and comes with various options to take you trading experience to next level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. The traders 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 and trading strategy to see how many trades were opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts 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, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.