The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with various options to take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy has opened and closed and also profits net, percentage of profit, 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, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of any trading plan.