The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for people with no programming experience, and offers many features that can boost you trading experience to next level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders can put their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and check how many trades the strategy opened and closed and also profits net, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can help you make the most out of any trading plan.