The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides many options to help you take trades to the next step.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated trading platform that can integrate safely 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 most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy to check how many trades the strategy has opened and closed and also profits net, the percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that will assist you in making the most out of any trading plan.