The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. 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 easy to use, even for those with no programming knowledge, and provides various options to boost your trading to the highest level.
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 trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders can place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy has opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can aid you in making the most out of your trading strategy.