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 constantly monitor the markets. It’s simple to use even for people with no programming knowledge, and provides a variety of features that can boost trades to the next step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency 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, over 200% more than its target.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading, and then determine how many trades that were opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
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 any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will help you make the most of the trading strategies you employ.