The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use even for those with no programming expertise, and comes with a variety of features that can take you trading experience to next level.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
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 difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategies. This allows traders to place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy and check how many trades the strategy opened and closed, as well as the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that can aid you in making the most of your trading strategy.