The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help 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 without coding experience, and offers various features that can boost you trading experience to next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based 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 determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can assist you in making the most of any trading plan.