The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those without coding expertise, and comes with many features that can help you take you trading experience to next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade 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 its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.