The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use even for those without coding expertise, and comes with a variety of options that will boost your trading to the next level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important aspects of Coinrule is the 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 set up trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
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 levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.