The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming experience, and offers many options to boost you trading experience to highest level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can put their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading to determine how many trades that were opened and closed and also profits net, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can aid you in making the most of the trading strategies you employ.