The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming expertise, and comes with a variety of options that will help you take trades 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 cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This means that traders can put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.