The world of cryptocurrency trading is quite thrilling 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 stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding expertise, and comes with a variety of features that can take your trading to the next step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading to see how many trades the strategy opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will help you make the most of your trading strategy.