The world of cryptocurrency trading 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 comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use even for those with no programming experience, and offers various options to take your trading to the next level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency 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) through Seedrs, over 200% more than its target.
One of the most important aspects of Coinrule is the 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 ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules 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 and determine how many trades that were opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable 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 that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency 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 can be a powerful instrument that can help you make the most of any trading plan.