The world of trading cryptocurrency is quite thrilling, but it can also 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 cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those with no programming expertise, and comes with many options to take trades to the next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategies. This means that traders can place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase confidence of traders in the trading rules they create.
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 that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust tool that will help you make the most of any trading plan.