The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use, even for those with no programming experience, and offers various options to help you take your trading to the highest level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing 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, more than 200% above its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This allows traders to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be an effective tool for increasing confidence of traders in the trading rules they create.
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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.