The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming expertise, and comes with various options that will boost trades to the next step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can help you make the most out of any trading plan.