The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use, even for people with no programming experience, and offers many options that will take trades to the next level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading to see how many trades the strategy opened and closed, as well as its net profits, percentage of profitability maximum drawdown, as well as profit factor. This is a useful method to boost confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most out of the trading strategies you employ.