The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those without coding knowledge, and provides many options to boost trades to the highest step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules available, making it easy for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy opened and closed and also its net profits, percentage of profit maximum drawdown, as well as profit factor. This can be an effective 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. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of your trading strategy.