The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use even for those with no programming knowledge, and provides various options that will boost you trading experience to next step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit factor. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most of the trading strategies you employ.