The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for those without coding expertise, and comes with various options that will boost your trading to the highest step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategy. This allows traders to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy opened and closed in addition to the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.