The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful 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 having to continuously keep track of the market. It’s easy to use, even for those with no programming experience, and offers many options to take trades to the highest level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers 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 find the best strategy 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 strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed, as well as its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust tool that can assist you in making the most out of your trading strategy.