The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those without coding knowledge, and provides a variety of options to help you take your trading to the highest step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and see how many trades were opened and closed in addition to the net profit, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 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 like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can help you make the most of your trading strategy.