The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those with no programming experience, and offers various features that can boost your trading to the highest step.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading, and then check how many trades were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing the trust of traders 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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most of the trading strategies you employ.