The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for those with no programming expertise, and comes with a variety of options to help you take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This means that traders can set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy to check how many trades were opened and closed, as well as its net profits, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful instrument to increase the trust 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. So, traders are able to connect 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 start at $0 and go up through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of any trading plan.