The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those without coding experience, and offers a variety of options that will help you take trades to the highest step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious 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) on Seedrs, over 200% more than its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading to see how many trades the strategy has opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most of your trading strategy.