The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful 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 cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming knowledge, and provides various features that can boost you trading experience to highest step.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that the strategy has opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.