The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding experience, and offers many options to take trades to the next step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing 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, more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame, and the trading strategy, and then determine how many trades that were opened and closed, as well as the net profit, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.