The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those with no programming expertise, and comes with various options to help you take trades to the highest level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 rules available, making it easy for both experienced and novice traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great aspect 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 intend to trade and the time frame they want to use and trading strategy and see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.