The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those with no programming experience, and offers a variety of options to boost you trading experience to next step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy to determine how many trades that the strategy opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of any trading plan.