The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with many options that will help you take you trading experience to next level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 rules available which makes it simple for both experienced and novice traders to choose a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails with trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading and determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.