The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful 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 be on the lookout for market trends. It’s simple to use even for those with no programming experience, and offers various options that will help you take you trading experience to next step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading and check how many trades the strategy has opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most of your trading strategy.