The world of trading in cryptocurrency is quite thrilling however, it can 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 trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides various options to take you trading experience to next level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with 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 are able to set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading and check how many trades the strategy opened and closed in addition to profits net, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.