The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides many options that will boost trades to the highest level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer 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 highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.