The world of trading 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 the need to constantly keep track of the market. It’s simple to use, even for people with no programming expertise, and comes with a variety of options to help you take your trading to the next step.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely 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 monitors the market and makes trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can aid you in making the most out of the trading strategies you employ.